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Results (10000)
Robert Miller Tax Question
1 December 2009 | 9 replies

I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...

Michelle Fenn CARES act Rental Assistance
24 April 2021 | 6 replies

I have now processed 3 Cares rental assistance claims for unpaid rent.  The first claim reimbursed the landlord for 3 months of back rent and late fees.    This week I have received the paperwork for the second round ...

Johnson Yu Downsides to BRRRR?!
15 January 2021 | 8 replies

Hey everyone! Obviously we all love using the BRRRR method to supercharge our wealth in real estate, but what are some downsides that you guys can think of that a newbie should beware of? I have a solid understanding ...

Jon Klaus How long until you drop the price?
30 January 2013 | 10 replies

When selling a home, how long until you will drop the price? Assume you are getting about 3 showings a week with decent feedback. If you do drop, what percentage would you reduce by?

Dennis Hollier Baltimore city taxes and assessments
10 December 2016 | 6 replies

Hey Baltimore Investors,I'm looking at a multifamily in the city, but I'm worried that the taxes will rise significantly when I purchase the building. Does anyone know how assessments work in the city? Will the new as...

Kel S Tax reduction on home by simply writing a letter
3 June 2011 | 17 replies

We recently wrote a letter to the Tax Auditors office to request a re-assessment of the tax value on one of our properties. This would be the taxable value of the home. For an hour of our time in writing the letter, w...

Heidi Ann Faller Negative AGI from rental properties - how to carryforward and use
19 March 2024 | 5 replies

In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...

April Birdsong AGI >$100,000 Can't deduct rental losses?
21 February 2024 | 11 replies

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...

Josh McAuliffe Protesting Property Tax Increase
10 June 2022 | 19 replies

The dreaded day has arrived... Travis CAD released assessments for 2022 and I almost fainted when I saw the newly appraised value of the duplex I just closed on in March. The county raised my appraised value by 173% Y...

Joshua P Chapman Does a HELOC mess up your credit score?
24 April 2019 | 6 replies

If I max out my HELOC will it mess up my credit score? Please respond with facts and experience, not your estimations or opinion.