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31 January 2025 | 29 replies
If you like to connect and chat please reach out.
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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.
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30 January 2025 | 6 replies
If you ever want to talk more, I'm happy to connect.
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4 February 2025 | 0 replies
Assets identified in this study include:Recreational Facilities: pool and pool deckSite Utilities and Infrastructure: Utility connections, signage and site lightingLand Improvements: Sidewalks, landscaping, fences, parking spaces62.28% of the total depreciable basis was classified as 27.5-year class life.
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30 January 2025 | 2 replies
Its hard to find deals unless you are connected, advertise a lot, cold call a lot, knock a lot, and/or work very hard at it.
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22 January 2025 | 8 replies
Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly
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4 February 2025 | 8 replies
Hey Nick, Welcome to BP, happy to connect with you.
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29 January 2025 | 68 replies
Forgive my confusion, but I don't quite see the connection between Mr.
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23 January 2025 | 11 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
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31 January 2025 | 9 replies
Those certainly discourage contributing to the forums and that’s one area where a dedicated mobile app that leverages on device auto correct capabilities, could help.