Jonathan Bolano
Need Help Analyzing Investment Property Deal
Hey Everyone,I need help analyzing what I think is a good deal. Now, I have not looked inside the apartment yet but if pictures prove worthy, then it should not need any work. If there is work needed, it'll be minimal...
Raky Patel
Advice on sale needed ASAP
Hey all, I need advice regarding the sale of my rental. It is a former residence that is a cookie cutter town house. I am basically breaking even on. I owe $107k on it and market value is $157-160k. 1. Are transaction...
Jeff Libby
Paying off mortgage early or reinvesting in other ways
I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
Braden J.
My first property
My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...
Jeremy Vohwinkle
Thinking about first duplex. How's it look?
Hey, guys. So, I've been in search of my first multi-family and think I uncovered a gem, but I'm still new at running all the numbers so I was hoping to get more experienced eyes to take a look and see if I'm way off ...
Steven Segal
Mortgage Tax on Blank Loan/Mortgage in Various States
Question on how this plays out:If I take, for example, a 2 MM loan across 5 properties in 5 states. Would I have to pay mortgage tax in all 5 states on the 2 MM, or would the lender probably required something like 12...
Andrew Goodermote
Ability to reduce your Allegheny County property taxes by up to 20%
If you have bought a property in Allegheny County, PA from 2019 to 2023, you could be missing out on huge property tax savings!
Recent legal changes regarding property taxes in Allegheny County, PA have created a new...
Ryan Kaysen
Only 1 B&H, Want to Flip, Need affordable accountant?
So my mom and I have one rental. We want to start flipping. In 2016 we used an accountant to do our taxes and ended up spending 10% of our income from the property. Obviously this isn't affordable so in 2017 I did the...
Viktor Singh
TPT Tax- Self managing rental
Hello,I am planning to self-manage my property in chandler. I learned that I need to pay TPT tax to the city. Can somebody provide me input on how to do that. Do i need to get a license to do it ? The city's website i...
Bryan Hancock
Taxes on Carried Interest
What was the recent proposal on taxation for carried interest in partnerships? I am trying to understand the logic in taxing these interests and what everyone was in a tizzy about.