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3 February 2025 | 25 replies
To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.
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5 February 2025 | 4 replies
@Kwanza P.I've owned property in both countries for years.When it comes to Mexico, I've shared my experience by replying to hundreds of posts on the topic on the forum.
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22 February 2025 | 7 replies
Plus, you're not adding headaches to your life, unless you want to be hands on, even with property managers.Use the magnifying lookup or post over in the Commercial section.
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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22 February 2025 | 7 replies
Hi Chris, I just came across your post.
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21 February 2025 | 2 replies
I have additional questions but am running short of time drafting this post.
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13 February 2025 | 22 replies
This post does not create a CPA-Client relationship.
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1 February 2025 | 0 replies
[Topic of a future post]Why?
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21 February 2025 | 22 replies
Thanks for the mention Drew.. this post should get most of the Lender / brokers chiming in there are a ton of them on BP most brokering or whitelabeling the big lenders products like Kiavi or lima one etc etc. this would be a prime candidate for a capital partner .
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21 February 2025 | 13 replies
@Nathan Seltzer I misread your original post.