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11 February 2025 | 4 replies
Typically, these groups will approach 1-3 relationship banks directly, but hire us to shop the loan to the rest of the market.
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23 January 2025 | 31 replies
I think there are other interesting options to research such as setting up a company in another European country that might offer low taxes (Estonia comes to mind).
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5 February 2025 | 16 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
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3 February 2025 | 26 replies
Often times if you lower the rate, the fees go up and vice versa.
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28 January 2025 | 4 replies
Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.
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19 January 2025 | 9 replies
All in all it ended up taking just over 2 months to get the plans approved because everything had to be done by email.
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7 February 2025 | 7 replies
Purchase the home with the condition that the tenants have vacated.
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29 January 2025 | 9 replies
Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?