
5 October 2020 | 32 replies
I know I can deduct passive rental property losses form my active income (I make less than 100k)Some other info:-I have about $15k in reserves-Next year I won't be working in the States, or for an American company, but I will be receiving a W-2, but can offset those taxes due to the following:"The Foreign Earned Income Exclusion, which allows you to exclude $105,900 from your foreign earned income on your 2019 US taxes and $107,600 on your 2020 US taxesThe Foreign Tax Credit allows you to offset, dollar-for-dollar, the taxes you paid in your host country with your US taxesA Foreign Housing Exclusion which allows an additional exclusion from income on US taxes for certain amounts paid for household expenses that occur as a consequence of living abroad"-I'm a single guy with no family, so my lifestyle is pretty flexible.If you need any more info, please just ask!

23 June 2023 | 0 replies
Not only did it pay my mortgage but it allowed me to write off 2/3 of my household expenses creating an amazing tax benefit for me.

18 January 2020 | 21 replies
Besides job growth we look for the following items:Population 100k+Average household formation size less than 2.5 Well diversified economy (pull up list of largest employers from the Chamber website)Percentage of population between 24-35Percentage of male vs femaleRent price trendsVacancy ratesSupply (look at number of new permits pulled & compare to current available units vs. forecasted household demand within next 24-36 months)Active Economic Development CommitteeIf you're interested in learning more about emerging markets and how to identify them, I'd also recommend reading Dave Lindahl's Emerging Real Estate Markets book (link to book on Amazon).

24 June 2023 | 1 reply
Not only did it pay my mortgage but it allowed me to write off 2/3 of my household expenses, a great tax benefit.

12 November 2021 | 43 replies
According to 2019 Bureau of Labor Statistics, the average cost of groceries for households is $4,643.

31 March 2017 | 68 replies
Either way, the basket had small household/cleaning items you could get from the dollar store.

3 December 2018 | 7 replies
But generally, just google 'banks in Your County' and call the ones that aren't household names and ask to speak to someone in commercial lending.

26 June 2023 | 5 replies
You could bill back the tenants once you get the bills and split them down the middle or on a sliding curve if one tenant is a 1 person household vs a 4 person household in the other unit.RUBS ratio utility billing system.You could also pay to get the electric/water separately metered however that comes at an expense.

29 September 2019 | 27 replies
There are several aspects that have to be addresses which include : zoning , location , population , traffic count and household income.

13 June 2023 | 12 replies
Focus on cash flow real estate marketsThe key characteristics investors look for to find the best real estate markets for cash flow property are typically:Diverse economy not dependent on one major employerStrong population growth and job marketStrong demand for rental property where the number of renter households is greater than owner-occupied householdsAffordable property prices since paying too much can reduce your net cash flowDrill down to the neighborhood level because cash flow can vary from one zip code to the next2.