Nov 5, 2019
Death and Taxes, that’s what they say! Vinney goes into everything
from single-family to multifamily and explains that in certain
states, the taxes are different. Some states have a state tax, and
some do not. Which sounds good, but you usually pay more in these
states in property tax. The real estate tax is different when you
are investing in multifamily. If you are in the multifamily
syndication, the taxes to due ais based on the type of property,
and the value of the property will determine that amount. Vinney
explains the right way to buy a multifamily and why. Always pay
your taxes through the LLC and never mix with your accounts. The
asset value of taxes also known as the “Mill Rate” of the
county.
What is the secret of depreciation? Listen and find out…..
- Expenses
- Insurance
- Management companies
- Lead maintenance manager
- Value of the structure
- What are your expenses?
- Exculpated deprecation
Get your copy – Syndication Made Easy – https://amzn.to/2kwjHDN
To get more info – Text: LEARN to 47-47-47
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Syndication Made Easy with Vinney (Smile) Chopra
https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/