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30 January 2025 | 34 replies
Then, after I sell the property in Aug 2024, after 5 months of vacancy with Suncoast - I get a call, saying I owe them a month's rent, because I didn't use them to sell my property.WHAT ********!!!
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4 January 2025 | 9 replies
We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.
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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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26 February 2025 | 16 replies
Our analysis was that after the 10 year NNN lease you'd have to put in a lot of capital and it wasn't worth it for us.
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1 February 2025 | 56 replies
Tax liens2.
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16 January 2025 | 18 replies
Someone can be a brilliant tax person but horrible to work with, and also vice versa.
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3 February 2025 | 8 replies
If you are comfortable with the rezone process I would look at this, and perhaps you can still ADU in future after the rezone.
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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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6 February 2025 | 7 replies
I mean after screening a tenant, the only documents I usually deal with them about are signing lease addendums or new leases which are either done electronically or in person.
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20 February 2025 | 11 replies
At a high LTV your leverage will be magnified.If your cash flow really is break even (I have my doubts) then with the magnification resulting from leverage, you could produce a fairly good return (ROI from leveraged appreciation, equity pay down, tax benefits).Good luck