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.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
Does anyone have any tips/ advice to help make sure my property will appraise for what I planned on based on my rehab?
Josh Ball
Tenant with medical marijuana card. What are my options?
16 January 2025 | 3 replies
Can you deny someone's application based on this despite it being a medical marijuana card & not technically breaking the rules of smoking indoors?
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Thanks all I never buy a property based on it being tax benefits.
Jonathan Small
Single-Family vs. Duplex: Which is the Right Investment for YOU?
16 January 2025 | 3 replies
We have made money buying properety based on cash flow (lower priced) rented out for a period, then selling to an owner occupant.
Breland Clark
How to find developers
12 January 2025 | 5 replies
Do you know who the top developers in your area are just based on new homes going up?
Travis Timmons
AirDNA top STR markets to invest 2025
25 January 2025 | 25 replies
You can probably make decent returns in Akron based on gross income and purchase price.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Both approaches can work—you just have to decide what feels right based on your timeline and goals.Good luck with the closing, and feel free to reach out if you are ever looking in Indiana!