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16 December 2024 | 2 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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13 December 2024 | 7 replies
Nothing over any service you wanted to provide.Do property taxes fluctuate?
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17 December 2024 | 86 replies
You should always look for Tax-Deferred and Tax-free methods to Invest.
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20 December 2024 | 5 replies
Start small with one property, choose a strategic location, stay transparent with lenders, and ensure tax compliance.
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13 December 2024 | 6 replies
My question is this, can I deduct my passive losses that occurred in 2017 on my 2017 taxes or does it get rolled over to 2018 because my income is too high?
13 December 2024 | 15 replies
Any taxes or other issues that I may run into down the line?
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13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.
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17 December 2024 | 36 replies
Do you have an idea of the total tax credits?
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12 December 2024 | 6 replies
Double taxation would be when you have to pay US income tax and then also Canada income tax and you don't receive a credit for your US income taxes.
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18 December 2024 | 23 replies
You usually pay less in taxes and you build your portfolio much quicker than taking that money out.