Hi All,
I am in contract to purchase a 2-family property. I am financing the purchase with a 3.5% down FHA mortgage. Through my due diligence I discovered repairs needed and have agreed upon a credit from Seller in t...
The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax...
With the annoucement of the new GOP tax bill, I have seen a chunk pertains real estate taxes involving deduction limits. Without going into political stance could someone please explain what this new tax reform bill w...
Hi, everyone. Today, when I returned to one of my rental properties that I purchased two months ago, six unknown people were gathered around my property. They were taking pictures and measurements of the outside stair...
I am looking at a property to move my family into for many years (if not permanently) because of the prized location and the desire to live in this area (the exact location actually). It is a 1993 4,100 sq ft home, 3...
Hey everyone,My partners and I are currently considering filing an appeal to the Michigan Tax Tribunal to review our property taxes. We met with the local tax board a couple months ago and they were unwilling to budg...
Quick question.. below is the new proposed GOP 20% deduction for pass through businesses. Is this like a standard deduction? or a cap? So, I have a S-Corp that is a pass through so if I make $100k income and $50k ...
There is nothing around here in Northern California that meets the 2% rule. This is as close as it gets.
The details
-The bank counter is 119k
-Rents for 1k-1100 per month
-Built in 2004
-1500 sq ft 3/2
Financial:...