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5 February 2025 | 9 replies
Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?
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4 February 2025 | 11 replies
An ITIN is often required for tax purposes when earning rental income in the US as a non-resident.Please feel free to PM me with any questions.
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3 February 2025 | 8 replies
It will auto download bank and credit card transactions, give you reports by account, category or property in any form you want.
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17 January 2025 | 4 replies
Taxes and requirements should be much lower for a LTR
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3 February 2025 | 7 replies
I don't know if credit unions can ever do this stuff?
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30 January 2025 | 6 replies
Given your credit score and ability to fund 25% of the purchase I don't foresee any obstacles you will face.
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19 January 2025 | 2 replies
Hey @Nick Gallon Martin, I recommend speaking to a Tax Planner/CPA, @Jeff Nash would be a great resource for you.
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29 January 2025 | 24 replies
Start by getting pre-approved for a loan, ensuring your credit score, debt-to-income ratio, and finances meet lender requirements.
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5 February 2025 | 4 replies
But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).
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23 January 2025 | 23 replies
You could look into forming a C Corp as an alternative way to own this property that could affect your tax returns differently, I am not a CPA or giving tax advise.