Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.
Keegan Schaub
Residential or Commercial? Advice
11 January 2025 | 1 reply
Continue to scale my personal RE investments and learn!
Jerry Tello
Over The Counter (OTC) Tax Liens
14 January 2025 | 11 replies
Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit to purchase it.
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
Juggling between work and personal life can be tough, but having a property manager can take some of the pressure off and let you focus on your other priorities
Max Smetiouk
Heating Option: gas vs electric
22 January 2025 | 5 replies
I personally don't mind cooking on electric but I will say that cooking on propane is different than what most people know which is natural gas.
Carlos Rodriguez
New to US market
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.
Vikas Jain
STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
I personally think it is best to work with local professionals with a good track record.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
This is not tax or legal advice, just what I personally do, consult your professionals!
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.To negotiate the deal, I started by understanding the seller’s priorities.