Good morning, I’m looking for advice from a seasoned appraiser. I’m closing on my first investment property in the next couple weeks. What actually adds value to a home?
For an LLC used to purchase or hold property, does having myself and my wife listed together change any legal or tax benefits, as opposed to having it only in my name?
Thanks
I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...
A property coming up to county tax deed online auction with minimum bid of $133,000 (back taxes). No mortgage. Is it possible to track down the owner and offer a small amount for him to sign over a quit claim deed, th...
Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...
Hi there! I am Canadian and would love to buy an investment property in Florida. I have a friend in Florida who is also interested in buying an investment property. I am curious if we were to do this together, with he...
Can I deduct a utilty trailer off taxes. I paid 600 for it. I own 3 rental properties
Hello, please let me know if I am missing something in my analyses.It is a 4 Family property with the following expenses:Asking Price $500KDown payment %25 $125KClosing Cost $25KRepair $0 (property is in good conditio...
Hello BPers,I have a question for your FL investors. I just relocated to FL from RI and I have begun driving for dollars to build a list. Back in RI when I would access a property on the county assessors office it wou...
Ok.. I have a Primary residence that I'm turning into a rental in 2021. I have not paid my property taxes for 2 years and now 2021 are due. They are about $9,000 per year. I owe $27,000 total. I'm thinking I shoul...