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24 January 2025 | 0 replies
Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.
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22 January 2025 | 4 replies
You will have holding costs along the way with repairs, maintenance, taxes, etc.
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12 January 2025 | 20 replies
More deals are killed by procedure and regulations than anything else it seems.
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20 January 2025 | 1 reply
This property is ready to welcome its next owner with no repairs or updates needed.
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17 January 2025 | 4 replies
@Gene PanicciaManagement fees vary, but it's not uncommon for a PM to charge fees for managing tenant-paid utilities or coordinating repairs.
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30 December 2024 | 3 replies
For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?
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13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).
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16 January 2025 | 3 replies
Additionally house tenants bring more of their own appliance, like refrigerator, washer and dryer; which means tenants are responsible for repair and replacement of their own appliances.
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17 January 2025 | 13 replies
Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.
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23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.