1 May 2024 | 7 replies
Any pointers on how should I run numbers to compare two cases.Case 1: Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k.
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1 May 2024 | 8 replies
My clients normally will ask for the max security deposit if there is marginal credit, but they want to take a chance on the tenant.
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5 May 2024 | 64 replies
I have met him several times now.The main concern I have is when someone is associated with RETA, your normal screening defences are lowered, RETA must screen these people.We bought in Tulum, Corasal, Cabo, PV, Panama and Portugal using RETA. (12 units in those areas).
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1 May 2024 | 16 replies
Could potentially be finished in a single day with a cooperative phone rep at the IRS, could take longer with an uncooperative one.Unlike normal tax preparation/planning however, form 2848 would require you to seek out someone with the EA or CPA certification specifically since the individual must be licensed to get the power of attorney status.
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8 May 2024 | 112 replies
But not sure how, normally it does have to be in the owners name."7.
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29 April 2024 | 7 replies
Way too much gambling/luck aspect to it and even when you win for the year the tax rate is awful compared to long term gains.
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30 April 2024 | 21 replies
Normally I tell people to start small.
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30 April 2024 | 6 replies
Is it normal to see standing water under the side of the yard under the mulch?
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30 April 2024 | 5 replies
Those teams normally don't do a great job.
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30 April 2024 | 4 replies
It’s totally normal to feel hesitant, especially with your first big property purchase, but having the seller cover major repairs and even bring in a structural engineer for a thorough check—that’s a lot of the big-ticket worries off your plate.