First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
My partner and I are a few days from closing on our sixplex in Des Moines, IA. (Purchase was 194.9k) Each of the six units need various levels of rehab. One just needs a coat of paint. While another needs walls and ce...
Does anybody have experience to invest in Palms Springs as an Airbnb? Any transient taxes or difficult regulations? Any resort that are recommended to invest in? Thank you!
Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it. In there he mentions creating a corporation to significantly save on taxes. He references bei...
For Tax Year 2016, IRS E-File Closes on November 18th; After That, Disaster Victims, Others Need to File on PaperWASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who w...
Hi all- I am new to BiggerPockets here and investing in real estate. I am looking to get started using an FHA to purchase a 2-4 unit multi family property. As I am running my numbers a few things I would like some ins...
In Williamson County, I am looking at a 55% increase in property taxes this year because my home was appraised that much higher by the county. Most investment homes in this area are seeing similar big increases in ass...
I have a few rentals in the USA (Florida) and in France. The tax systems are quite different. In France for furnished flats, for example, taxable income is 50% of gross income with no deductions allowed. Simple but...
TLDR; What are the "Rules of Thumb" for STR acquisitions? In long-term rentals, there are plenty of rules of thumb that help you quickly decide if a listed property is worth pursuing. 2% rule, positive cap rate spread...
I know that some states have no income tax. Some don't have sales tax. Is there any place in the states that doesn't tax real estate?If so, where?I am aware that different markets tax at higher or lower rates. Just wo...