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22 January 2025 | 8 replies
From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.
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23 January 2025 | 30 replies
Just saying there are people on BP who can vouge for you as Melanie is typically very negative towards anyone in the syndication / raising money space.
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21 January 2025 | 2 replies
For RE owners, death allows you to pass assets to your heirs and step up in basis, effectively eliminating recapture.
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17 January 2025 | 0 replies
Hi, I noticed there was new casita/ADU laws that went into effect in Jan 2025.
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20 January 2025 | 0 replies
While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.
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5 February 2025 | 21 replies
However, the most effective method is to simply tell the tenant that they'll need to provide proof of insurance prior to or on the day 1 of the start of the lease, otherwise the keys will not be provided to them.
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16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.
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24 January 2025 | 11 replies
Personal usage will negate the losses from the cost seg in the first year, so we suggest avoiding it.
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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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20 January 2025 | 1 reply
While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.