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25 January 2025 | 0 replies
Most look at a Certificate of Insurance and confirm coverage limits but best practices are to (1) become added as additional insured under contractors policy and (2) understand coverage exclusions which are not going to be detailed on an insurance certificate.
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31 January 2025 | 3 replies
As a disabled person, I want to be in real estate, but I know I am limited.
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28 January 2025 | 10 replies
The limited housing supply has resulted in increased competition among buyers and higher prices.
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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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12 January 2025 | 23 replies
It is not a set it and forget it thing though, you'll still need to be active and review monthly statements and manage things to make sure everything is running smoothly.
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6 February 2025 | 2 replies
You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.
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22 January 2025 | 4 replies
Is there a limit on pricing?
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5 February 2025 | 5 replies
Some of the benefits are transaction speed, limited liability protection.
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29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
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16 January 2025 | 8 replies
So, setting aside the cash flow he enjoyed for the last 40 years, he has a profit of $305,000.