Jagjit Singh
Question: Tax Implications for a Canadian investing in US multifamily real estate?
28 September 2024 | 4 replies
Apparently double taxation is one of the biggest hurdles for cross border investing.I would really appreciate some sound advice about this, and if anyone knows someone who specializes in US-CAN cross border tax laws, please let me know.A big big thanks in advance.
John Prorok
No responses from syndicator
4 October 2024 | 17 replies
Alternatively, and again this may not be worth the effort, in all Sub docs, there is likely a formal notice address.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
Which you either assume (which is unlikely to happen in a formal sense, so by 'assume' I mean start payments), or you do a loan with the seller for $80k.
Gustavo R.
Avoid double taxation while flipping in Baltimore but residing in Canada
27 September 2024 | 18 replies
Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
I know the Guide isn't law, but in my experience its not the law that is solely enforced, but also the derivative regulations, formal guidance documents, as well as case law history.
Alex Capozzolo
Vacant Land Palooza ~ New Construction Costs Philadelphia
1 October 2024 | 29 replies
Wild that you have to submit an RFP, didn't realize it was such formal process!
Bryson DePalma
Excited to be getting started!
27 September 2024 | 3 replies
Additionally, participating in local real estate investor meetings can connect you with experienced investors for guidance and potential partnerships.Building relationships within the industry can often be as educational as formal training.
Lisa T.
STR in Loreto MX -looking to purchase
25 September 2024 | 2 replies
., so giving a shout out to @Mike Lambert who is pretty savvy investing south of the border.
Philip M.
Best way to take over 54+ units from my father who is retirement age?
28 September 2024 | 19 replies
Although this was the first time the IRS formally focused on this issue, it is now clear that the IRS will disallow basis adjustment on assets held in an IDGT.IRC § 1014Internal Revenue Code § 1014 has been a long-standing tenant of the US tax code, dating back to the early 1930’s where it was formally classified under Section 811, Title 26 of the Internal Revenue Code.
Greg P.
Want a tenant gone and need advice. 20/24 months left on a house hack.
24 September 2024 | 14 replies
Based on the comments I plan to send a formal notice in early October notifying of ending lease January, 2025 and also offering that if they find another home in the meantime I only need two weeks notice - I really liked that suggestion.I will also require the car removed within three weeks or towed.