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17 January 2025 | 11 replies
Because personal growth and financial stability sounded like a better combo than Netflix and takeout.
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12 January 2025 | 2 replies
Still can be very beneficial for a new investor but personally I think not as good as a service as they had with their exclusive listings where they had inspections already done, rent rolls available, and you can complete the entire offer/acceptance via their platform rather than being handed off to an agent.
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8 January 2025 | 2 replies
If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note.
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11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
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17 January 2025 | 37 replies
I personally had two encounters with Zach.
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9 January 2025 | 11 replies
Here is my favorite (among several others, just as hysterical) part of this case:"...Petitioner’s testimony that neither he nor his son used his personal bedroom,living room, or kitchen for personal reasons strains credibility.
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10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
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11 January 2025 | 9 replies
I have personally been the guy who hasn't pulled permits and got caught...by far one of the worst experiences of my investing career.
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12 January 2025 | 7 replies
This is one of the best personal finance calculators I have seen. https://docs.google.com/spreadsheets/d/1oC4gdK5gXIPjyEFTgo3g...
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9 January 2025 | 12 replies
We take a "whole person" approach.