I purchased a piece of property that was beside mine that had been foreclosed on several years ago. The taxes were really high on it and just paid it anyway. After the 3rd year of it being so how I went to talk to ...
Hi Guys!Can I please get some help on a deal that I closed on but haven't removed subjects yet. Property Value: 184,000Down-payment: 35% (2.3%@ 25years) =$282.25/moBalance Mortgage: (2.49% @ 30 years) = $471.15/moProp...
Hey Group! So I have a property where the seller is a 91-year-old Woman who owns a duplex in A neighborhood. It does not need any work and is rented out for well below market rent. She has property management taking c...
From the research that I've done, I've found to calculate Property Tax that you use the Millage Rate for the county that your purchasing in. Correct me if that is not right. After searching for the Millage rate of m...
I've been looking at multi family an I see something that says opportunity Zone. What exactly is an opportunity zone?
Hello there,How do you do tax every year, by yourself or hire an accountant? Do you have any recommendations of good tax accountant that have lots of experience with rental properties?Thank you so much!Best,Nick
Is there anything I should know about a property before investing in the tax lien of it? Should I find if there are any other liens on it? Or am I safe to just invest on any over the counter liens because it’s backed ...
My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
Seeking good resources on Tax Liens, Foreclosures and/or Mortgage Notes.
This could be a proven process, website, apps, or your personal experience.
Hi all, new here and just starting out, and have a bunch of really basic questions so please bear with me :)If I were to buy an old property that is past its depreciation period, is there any form of depreciation I wo...