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1 October 2024 | 9 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.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.
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2 October 2024 | 3 replies
The strategies you mentioned above seem to be more advanced strategies, but if that is what you enjoy, learn as much as you can and get into it.With minimal income, I would suggest saving up some money, buying a new primary residence that you can house hack, and keeping your current property as a rental.
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27 September 2024 | 18 replies
It seems the US has more tax benefits in Real Estate than Canada (I'm not sure) - How can I take advantage of it while residing in Canada?
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1 October 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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1 October 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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1 October 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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2 October 2024 | 16 replies
I want to jump right in the multifamily property but there's not a deal in my opinion, then I was thinking buying a single family and rent it out (either 1 year after being a resident or pay 20% as DP) which I think there's a potential.
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2 October 2024 | 10 replies
I would only move forward if I preferred the ceiling fan permanently...and I would have my contractor install it and then I would bill back the resident (have the resident confirm the installation cost in advance).
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2 October 2024 | 6 replies
It needed to be completely resided as well as all roofs redone.
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1 October 2024 | 4 replies
Is it possible to rent the property to my LLC for the cost of the mortgage and then have the LLC rent the property to a resident with the lease holding me harmless?