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2 February 2025 | 6 replies
I have family in Houston, Dallas, and the Valley, I was networking with brokers in San Antonio, but the Taxes seem to be quite high as well in that State, although much favorable laws/regs on the landlord side.
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14 January 2025 | 18 replies
During escrow converted it to a Roth and paid the taxes.
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24 January 2025 | 10 replies
Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in..
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22 January 2025 | 5 replies
You will want to fully understand the tax reporting burden you will face.
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15 January 2025 | 13 replies
What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".
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14 January 2025 | 27 replies
I would avoid new build properties from southern impression homes.
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24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
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22 January 2025 | 3 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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21 January 2025 | 10 replies
If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.