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24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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1 February 2025 | 4 replies
States Can Still Require Additional FilingsEven though 506(b) offerings are exempt from state registration, individual states can still require notice filings and fees.
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20 January 2025 | 31 replies
But there are also a lot of reviews online calling this place a scam.
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24 January 2025 | 13 replies
Never pay an upfront fee.You didn’t mention your state but understand that with little exception, an NMLS registration is only required for consumer-purpose loans.
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31 January 2025 | 7 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
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15 January 2025 | 9 replies
Here is a video that runs down the basics - https://s-media.nyc.gov/agencies/specialenforcement/01-Legal...There is also a prohibited building list - https://www.nyc.gov/site/specialenforcement/registration-law...Here are some more info overall - https://www.nyc.gov/site/specialenforcement/registration-law..All of this makes STRs in the city pretty tough but it certainly not impossible.
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31 January 2025 | 7 replies
I have this issue with Buildium for all the online rent payments received through their payment app.
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27 December 2024 | 1 reply
Registration is just around the corner, use the link above to be the first to find out when registration opens to buy your tickets.
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10 January 2025 | 9 replies
As a result any “offering” must either be a registered securities offering, or qualify for an exemption from the required registration.
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29 January 2025 | 22 replies
There's a self-proclaimed Section 8 guru online who claims he hires random property managers through this website called Thumbtack.