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29 January 2025 | 3 replies
With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.
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15 January 2025 | 15 replies
Some guys I work with were getting 90% advance rates in Houston, but I think the banks are back to 70-80% now.
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20 January 2025 | 37 replies
You can likely do this with your savings rate (that will likely increase) and age.
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9 January 2025 | 5 replies
That will get you looking at cash flow and end up in a lower rated area than you think.
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26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
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4 February 2025 | 31 replies
Crickets...At this rate, it will be 2+ years before the project is finished.Anytime you ask for a project plan or schedule you will get vague responses with no actual plan.
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5 February 2025 | 1 reply
Is it high appreciation area with a low rate mortgage?
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18 January 2025 | 21 replies
Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.
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4 February 2025 | 3 replies
A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.
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24 January 2025 | 3 replies
Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?