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8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.
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10 December 2024 | 17 replies
My go to for lowest hassles, taxes and transaction costs are Lease Options or selling directly to the renters.
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11 December 2024 | 7 replies
Finally, we do not care about your tax returns, etc.- since these loans are primarily based off of the asset as collateral.
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11 December 2024 | 101 replies
One of the things we foreign investors love about investing in real estate in Mexico is the fact that real estate taxes are practically 0.
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16 December 2024 | 17 replies
You have taxes and insurance so that pulls another $100 per month- so you clear $600 per month.
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9 December 2024 | 1 reply
This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.
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13 December 2024 | 9 replies
(They both shrink your pool or buyers and combining them really shrinks the pool.)Assuming you don’t plan to do a 1031 exchange you’ll also pay higher taxes if you can’t spread them over two calendar years, but not much.
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10 December 2024 | 6 replies
Payment methods, tax collection etc.
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11 December 2024 | 6 replies
So you'll have to deal with that.Some will be wanting to finance for tax purposes.
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16 December 2024 | 8 replies
I'm sure you've all been down the same road that I'm starting on right now ("how do I scrape my county's property tax and crime data?"