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15 January 2025 | 8 replies
Real businesspeople and investors know you learn more from the losses than the wins and diligently try to figure out where they went wrong.
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12 January 2025 | 8 replies
If the bank will call their note if you commit to the transfer you can also check out this article as one strategy that has been used to work around the issue.This is not legal advice, just my opinion as a real estate investor.
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27 December 2024 | 1 reply
I am currently studying to get my real estate license in the state of PA and plan on buying my first investment property in the next couple months.
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10 January 2025 | 1 reply
Does anyone know of good real estate agents that are in Findlay Ohio and have experience and are investor-focused?
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9 January 2025 | 44 replies
If I were you I wouldn't invest in real estate at all.
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12 January 2025 | 12 replies
I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation: Reno Appreciation: Value added through renovations or improvements (usually just in the first year).
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28 December 2024 | 7 replies
My advice would be is to talk to multiple investors who have real world, actual success-based experience in flipping over a sustained period.
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11 January 2025 | 7 replies
And you can use that to calculate your tax hit.In order to defer all tax you must purchase at least as much investment real estate as your net sale using all of your net proceeds.
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13 January 2025 | 16 replies
It is not real insurance, it doesn't cover things not caused by guests, and can't be depended on.
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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.