
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.

11 January 2025 | 2 replies
The average homeowner is estimated to be underinsured by 40% based on replacement costs and that doesn't include the interior contents and assets, many of which are in the multi and even mega millions.

10 January 2025 | 8 replies
Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.

14 January 2025 | 9 replies
I have noticed that properties that allow pets in outdoor based communities perform great as well!

1 January 2025 | 27 replies
We want to buy an arcade machine for our STR that plays a bunch of different games.

8 January 2025 | 33 replies
If your new servicer wants to play games, file a complaint with the CFPB and dispute with the credit bureaus.
13 January 2025 | 41 replies
And dont know about Ken.. but his partner for sure was very versed in sub to.. the information was accurate as we both kind of played in the northwest sandbox . and before sub to foreclosure rescues / rent backs became illegal in about 08 I personally did a few hundred of them.

14 January 2025 | 1 reply
Even with the redactions, it's not hard to figure out based on deduction how much we are making from the rental and from my income.

31 December 2024 | 6 replies
Looking for a long term play with rent stability more than making huge cash flow.

15 January 2025 | 9 replies
I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.