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19 January 2025 | 17 replies
It is perfect for a portfolio size of 5-15 units.
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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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16 January 2025 | 15 replies
Rents are high in this town and I think folks just don't sell their multi-family units very often.
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2 January 2025 | 3 replies
I own a commercial unit, and I’m trying to determine a fair rental rate for the space.
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17 January 2025 | 2 replies
Investment Info:Large multi-family (5+ units) buy & hold investment in Bryan.
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17 January 2025 | 2 replies
The units were dirty, messy, etc.
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8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
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17 January 2025 | 19 replies
I just turned over a unit in middle of August.
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31 December 2024 | 49 replies
Thanks Joe, you helped really press some buttons of next level thoughts and considerations on this.
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23 January 2025 | 9 replies
@Jim Stanley Say No to DIY on SDIRA owned units.