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We own 82 doors (12 properties) in 3 states. Our structure is LLCs passing through to our personal return. How much should we expect to pay for tax guidance, filing, and bookkeeping? Thanks in advance for your response!
Investment Info:
Single-family residence buy & hold investment in Nor Cal.
Purchase price: $300,000Cash invested: $50,000
My first investment property.
Will document as much as possible to help others in the s...
I’m under contract to buy my first STR, and the house didn’t appraise. The seller has dropped the price to $1500 over appraisal, so at this point we can accept or walk. They’re selling the house fully furnis...
I'm doing 6 big projects at the same time right now. 2 of them are complete and for sale, the rest are being remodeled. The 2 that are for sale took longer than expected plus one of them went over budget by $30k. T...
What are some common specs that rehabbers expect to be assessed by the wholesaler that their purchasing a property from?? I understand repairs and a property card detailing expenses and annual income are required but ...
Hi,I'm hoping to close my first deal this week, condo conversion in NY.What should i expect as closing cost for purchase? and what for selling the units?The purchase price will be 1m$, and the total sells will be arou...
I know a lot of things have to be placed into consideration and every individual will not be the same, however generally, what interest rate should I expect on my first investment property?Don’t currently own a house ...
I’m looking at two deals that can make me $700- $1,000 monthly profit. After mortgage, taxes and insurances. Both have oil boilers. What should I expect? Is it a deal breaker?
I purchased a 3 flat building at the end of April. There was already tenants residing in two of the units and they were month to month, My husband and I decided to occupy the third unit and everything was going smooth...