@Shivam Mehrotra It probably had something to do with this:• Local Property Tax Credits – Relief credit generated by the local income tax, which can be used to reduce property tax bills.If you're looking at said property as a investment don't expect to receive those credits.

Nothing is more expensive and fraught with unforeseen costs and generational havoc than divorce.   

Ideally, I'm looking to house hack an undervalued duplex/triplex with a 5% FHA 203k loan most likely in Kissimmee that will generate net worth + modest rental income.

As a beginner, if I am going into something there needs to be a track record of good customer service and established history of returns. 

Cost of business goes up (i.e. cost of the properties) results in the costs being passed to the customers. 

We want to sell our home so we have the cash (about 60k) to invest into an income generating property.What would your recommendations be?

It can be true, but remember lower price just attracts customers who are cheaper and odds are good you end up in a lower margin business. 

I am asking because I want to set my wife up with Real Estate Professional Status and I am unclear on wether or not the LLC not owning the deed to the property impacts any of this or if it has any implications on recognizing the revenue generated during tax season.Thank you for your help!

We have a water pump for a pair washing machines and a dehumidifier in the basement. We recently moved so we would normally pay the electrical for those items. I would like to save some money by not adding a meter, et...

I am also going to be transferring my investment property to an LLC I created but was told I won't be able to use any of the income I generate from this property to help me get a second loan until I file for taxes next year and can show an income.