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Hi all,I've been doing a lot of research recently and am now starting to look at actual rentals and run some numbers. I'd like my first property to cash flow positive. I find estimates for property taxes by looking up...
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Does anyone have experience or know anyone who has used mentorship programs in the past? Any specific ones people would recommend?The more I learn about this stuff, the more questions I have, and the more research I ...
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Hi there. I am new to this forum and relatively new to real estate investing. I have one rental and two more currently under contract. All are single family homes that I am planning to hold and rent for the foreseeabl...
hello new (first message) hope i'm posting in the correct place, apologies if not.So here's my situation...I'm 35 (only child/no kids, renter, total debt 60K -primary student loans, good job in tech) I have small fami...
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My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...
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For those of you who are concerned about government spending being out of control, and subsequently the risk of increasing taxes, I thought you might be interested in this bill:
http://en.wikipedia.org/wiki/War_Is_Ma...
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So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...
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I'm curious if there's any tools or obvious formulas that could help me understand turner impact of property taxes in a rental property I may buy. As an easy example, let's assume property tax rates are (2% - that wou...
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I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K So my gain is 450 - (268...
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...