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17 January 2025 | 6 replies
You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).
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13 January 2025 | 0 replies
She was the only person who could help us clear the title, so finding her became our priority.Using skip tracing, I tracked her down and gave her a call.
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11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
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15 January 2025 | 7 replies
You are on the right track.
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13 January 2025 | 21 replies
You need a solid proven system to find the deals.
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7 January 2025 | 3 replies
All you need is a single place to track tenant information, payment history, maintenance, and other things.
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10 January 2025 | 9 replies
With your background in lease management and site selection, that could be a natural next step.Regarding STRs, I can understand the hesitation—accurate expense tracking is critical, and not having that data can make evaluating deals frustrating.
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28 January 2025 | 22 replies
Track everything, including conversations with sellers and buyers, in your CRM and on Excel.
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7 February 2025 | 14 replies
NOTE: an aggressive attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.
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13 January 2025 | 17 replies
If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal.