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14 October 2024 | 19 replies
I would use a real estate lawyer.
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11 October 2024 | 12 replies
The population turnover typical after storms can cause a “gentrifying effect”" Liao said.
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14 October 2024 | 6 replies
The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.
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15 October 2024 | 3 replies
If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!
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18 October 2024 | 16 replies
The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.
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13 October 2024 | 54 replies
Is it cost effective for smaller units?
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14 October 2024 | 5 replies
It is usually best to connect with a lawyer to make sure you do it right, but it is achieveable on your own.
17 October 2024 | 15 replies
Is it going to be the most effective way to maximize tax deductions and correctness?
15 October 2024 | 3 replies
Financing Strategies: What financing options have you found most effective for multi-family investments in Canada?
14 October 2024 | 1 reply
I would check this with your lawyer. 3.