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Results (10000)
Steve Jeffries Tax Question
6 October 2015 | 4 replies

My wife and I have decided to go full steam ahead with building out rental portfolio. We are currently closing on our second property under our newly formed LLC. With tax season fast approaching, we are wondering if w...

Jack Sarcia 1031 Boot at closing?
25 November 2014 | 7 replies

Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?

Dan Fields Do I need an accountant?
10 January 2016 | 7 replies

Hi, I'm new to real estate investment. I recently purchased a 2 unit home in southern Maine. I couldn't be more excited about the purchase. I moved in Jan 1st but I realisticaly won't be getting a tenant in the other ...

Payton Reid Should you buy a rental property with cash?
27 December 2019 | 89 replies

I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...

Mary Jay How to calculate real estate taxes on Texas properties ?
24 June 2021 | 14 replies

Hey guys, how do I calculate real estate taxes on properties in Texas? For instance, if it’s an investment property, are the yearly real estate  taxes 2% of the purchase price? Thank you.

Emilio Ramirez Giving Back ?
9 November 2010 | 18 replies

I've read in a couple of places that persons who have "made it", strongly recommend giving back. They have said that by giving money away, it has come back to them many times over. I haven't read any specific example...

Kasia Leville Sandwich Lease Option on Upside Down
31 March 2013 | 19 replies

I have been receiving some calls recently from owners who would like to sell their homes, but owe more than their houses are worth. Is there any strategy to help these people and make a profit at the same time? Would...

Julian Peter Yun Giving up in SoCal, waving the white flag! Where else?
5 June 2019 | 23 replies

Prices are just so expensive here that nothing really seems to make sense for me to buy. You’d be lucky if you break even in terms of cash flow and cap rates are just above what my online CDs are giving me. I want a d...

Jack Lee Cash on Cash returns?
3 December 2022 | 32 replies

I was wondering if you guys include principal deduction as part of the cash on cash return calculations. I mean the equity is yours and will be able to cash out upon sale.

Mike Moreken Got my first rental tenant
31 October 2015 | 19 replies

Got my first tenant.  He was in a rush to get away from living with a alcoholic brother.  He is soon gaining peace of mind.:)  broke over a half dozen clauses in my lease currently by moving in.  This is low income ar...