Once they receive this and notify us we ACH/wire the funds back.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

By understanding the key investment strategies, the tax implications, and the challenges associated with the market, U.S. investors can make informed decisions and successfully diversify their portfolios with German real estate.For Americans seeking to invest in a stable, thriving property market in Europe, Germany should be at the top of the list.

My lawyer told me to send the bank a letter notifying them that I'll be transferring a title, but I've had other people tell me to call the bank.

Good luck in whatever decision you make!

Here's some input to help guide the decision between selling or renting the property, considering the specifics of the property and the potential additions like the ADU (Accessory Dwelling Unit):1.

This is a classic case of trying to let the taxes dictate the investment decision.

@Vessi Kapoulian - You're right, the local market knowledge is irreplaceable when it comes to underwriting and making sound investment decisions.

This decision has been made due to record-high interest rates and the worst Real Estate economy since 2008.

So far, it’s going really well, and I’m glad we made the shift.For me, the decision wasn’t about issues with self-managing but more about freeing up time and mental space to focus on the next steps in our investing journey.Curious to hear others’ experiences as well!