Alex Breshears
Clearing up something about private lending...
20 February 2024 | 16 replies
These investors are looking for capital for anything and everything from earnest money deposits, renovation costs of the property, downpayment and closing cost assistance for acquisition of a new property, or help with holding costs while the property is undergoing renovation and not producing income.
DS MokNgo
Accountant advise for foreign investor
17 February 2024 | 3 replies
Your CPA can't tell you if you will get part of the 10% withholding from the sale?
Artur A.
What is the best area to invest in Mexico?
16 February 2024 | 22 replies
@Artur A. you're welcome.The general rule is you pay taxes in both Mexico and the US according to each country's tax code and then, courtesy of the treaty between the two countries for the avoidance of double taxation, you'd credit the taxes you paid in Mexico against your US taxes (related to the property only).If you invest in your own name or through a bank trust (fideicomiso), OTAs will withhold the tax to be paid to Mexico as a percentage of the gross income.
Anil Bansal
Investment in East Palo Alto
15 February 2024 | 37 replies
Not sure your timeline but there is is a backlog on permitting, materials, appliances, etc so take that into account with holding costs.
Patrick Donohue
Long Island
12 February 2024 | 20 replies
The market is 4-6 bedroom sfr or 2 fam residences. 6 bedroom may be 3 over 3 and may have been with holding?
Amanda Brown
Analyzing 1st deal . . .what am I missing
7 February 2024 | 7 replies
Also your cost associated with holding (utilities paid by landlord or tenants, taxes).
Devante S.
How do I file personal and LLC taxes as a first-timer?
6 February 2024 | 3 replies
I up the withholdings at my day job to cover sch C earnings through the year.
Kenny Mariboho
Time-limit for tenants to request a pre-move-out inspection - CA Civil Code 1950(f)
2 February 2024 | 3 replies
If it comes to that and you have a tenant friendly judge, you could owe the tenant up to 3x the amount of the deposit for withholding the deposit.
Gp G.
cash out refinance to clear high interest credit cards debt
2 February 2024 | 10 replies
But since i am not 59.5 years yet if I withdraw looks like 20% federal withholding charge and about 10% I have to pay in taxes which means i loose around 30% of my 401k amount which I accrued over many years
Robert Grbac
Tax Strategist in KC
29 January 2024 | 3 replies
Wanting to discuss structuring rental property LLC's with holding company (management) LLC.