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If you haven't already, you should be receiving your property taxes soon. I thought it would be a good time to hand out some pointers we often advise to clients on this:1. Understand Your Assessment: Review your prop...
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I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
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Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...
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Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
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Long Island is quite strange because NYC, JC, and CT are right next door, yet LI's fundamentals are making my head spin.Both in NYC and Long Island, the net income from job would be about the same after the LIRR/MTA/c...
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View report*This link comes directly from our calculators, based on information input by the member who posted.I just want to be sure that my expenses look correct and not crazy high or crazy low. Tha...
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Hi my name is Kyle, First time poster long time reader.
I have a question I would run past my accountant but not sure if its a dump question or not.
I have been in R.E. investing since 2007. I have a few rental pro...
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Where are people finding non-recourse loans to fund a buy and hold rental property with their Solo401k? I found 2 lenders who specialize in it but rates are almost at 7% I can get 4.5% from credit union and 5.75% from...