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5 May 2024 | 64 replies
That's much more relevant information if you want to assess the profitability of an investment or the lack thereof.As the saying goes, "If something looks too good to be true, it generally is".International real estate investing makes total sense but you have to educate yourself so you know what you're doing (same as if you invest in domestic real estate).
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2 May 2024 | 4 replies
Is your new property tax based on the assessed value of the home or the price you purchased it for at the auction?
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1 May 2024 | 7 replies
Asheville has perhaps the most comprehensive rules in place, which have held up to challenges over time.
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1 May 2024 | 7 replies
You should be able to independently calculate these things yourself using the assessed value and the millages for the various property taxes. 4.
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3 May 2024 | 32 replies
Online platforms like Furnished Finder can provide insights into the demand for furnished rentals.Evaluate the competition: Assess the level of competition in the market.
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2 May 2024 | 18 replies
I don't have a comprehensive experience but I tried to find the least costly one for every step for me and applicants/tenants.
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3 May 2024 | 30 replies
In determining the amount of reasonable compensation under §162(a)(1), it is necessary to consider both the amount of deferred and nondeferred compensation. 606 The Tax Court and several Courts of Appeals have adopted five factors in determining the reasonableness of compensation:...The Second and Ninth Circuits have held that the reasonableness of compensation must be assessed from the perspective of a hypothetical or independent investor, not as a separate autonomous factor but instead as “a lens through which the entire analysis should be viewed,” and requiring the application of four factors:
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1 May 2024 | 14 replies
I have been working on a post about insurance and it is very complicated.Proper is very expensive but it is very comprehensive.
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1 May 2024 | 4 replies
See here a couple diagrams to help you in this quest:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2
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30 April 2024 | 0 replies
Touring properties is super important when you're thinking about investing in real estate. Once I've done some homework on the property and everything checks out, I make sure to visit it in person. There are some real...