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19 January 2025 | 61 replies
My example shows the mortgage getting paid.
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19 January 2025 | 10 replies
For example, I bought a duplex in a B neighborhood called Reynoldsburg for $350,000 last year.
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17 January 2025 | 3 replies
For example the (first) 1007 comes back and he shares with me he is going to review it with his team and call me...
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16 January 2025 | 5 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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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.
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17 January 2025 | 2 replies
For example, what is the current zoning - does it meet your needs?
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15 January 2025 | 3 replies
For example in Southern California many apartments do not come with refrigerators.
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13 January 2025 | 30 replies
That hard work includes making the investments that the current owner hasn't made (nicer kitchens, new flooring, fresh coat of paint, etc.), removing tenants and marketing to new tenants.
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20 January 2025 | 3 replies
The list of people who helped me - took a risk on me, taught me what they knew, showed me an example of what not to do, gave me their time, believed in me, and even those who questioned me, broke contracts with me, owed me money - is innumerable, and I'm grateful to every one of them.Today was an exciting day, and there will be more like it in the months ahead!
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16 January 2025 | 4 replies
Legal Implications & Ramifications : As an example; the iconic PCH homes in Malibu and many in the upper foothills might not permitted to build back, certainly not to the same extent or materials.