Hey everyone, I’m running numbers on single family rentals in Marion County and trying to figure out the best way to estimate property taxes.From what I understand, rentals (non-homestead) are capped at 2% of assessed value, and after a sale the assessed value could go up but not always right away.

Trying to figure out if this solves a real problem for other landlords or if it’s just something I personally find annoying.

When you do a Roth conversion, the tax is figured using your personal income tax bracket for the year.

Sucked. 2022 - We figure out we need to be problem-solvers or our property portfolios will start moving into negative cashflow.

And yes this is probably specialized knowledge that few people know here and are willing to share but I figured I would give it a shot. 

The first step is figuring out what makes more sense financially and personally:1.

I’m working on scaling into more private deals, and I’d love to compare strategies, share what’s worked for me, and learn from others who’ve figured out how to punch out of the fish bowl.Looking forward to your input!

Once you get deal flow, you need to figure out the capital piece.

A key first step is figuring out which of your earnings are passive versus non-passive, so you can plan your investments and taxes wisely. 

Once you start to scale, that’s the time to sit down with a CPA or attorney to figure out the best structure.