Among confusing legal concepts, the generation-skipping transfer (GST) tax is at the top of the list. Because of its complexity, many attorneys lump it in with concepts such as the rule against perpetuities—topics tau...
The seller approached me to sell 5 acres of land less then 5 miles from downtown Nashville. The land is zoned for the building of 21 units (the project was approved by the city). He inherited the land along with many ...
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
I used to pay through the nose for income tax on my internet retail business - lots of revenue and really only COGS to offset it the income. Fast forward 9 years, I have a 30+ rental portfolio that used BRRRR on so bi...
I'm looking at bidding on a property with the city and I was hoping someone could decifer this messaging that is on the property documents. Here it is:A Federal Tax Lien against REDACTED in the amount of $xxx, plus co...
If you own property, particularly any property that is not your primary residence, please be aware and get involved! The passing of this proposition will nearly quadruple property taxes for short term rental propertie...
Does a properties tax assessment value = the appraisal value that the bank will loan against once it's seasoned?
Hey all! What’s up BP! New to this, first post, gotta get feet wet, right!? No previous exp, learning all facets of these processes, super interested in Multi’s, my target and focus of learning. I’m evaluating deals, ...
Hey folks!anyone have any fun/clever ideas on great ways to add additional revenue opportunities by offering onsite upcharge options to guests? i know a few people who partner with local chefs or massage specialists, ...
$850K sale price
$185k seller finance @4% for 48 months
Due to seller at close $595K
Current Rental income $6900
Market Rate Rental Income $7300
Turn Key Business Net Income (included in deal) $2200
Theres ...