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11 January 2025 | 49 replies
However, by placing money in a property that I would like to have in order to increase my quality of life, that can also produce some cash flow instead of being a liability that requires money every month, I can increase my quality of life without increasing my monthly liabilities.
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9 January 2025 | 11 replies
Rehab costs, taxes, and interest during this phase increase the depreciable basis, providing long-term tax benefits.
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10 January 2025 | 17 replies
I think if I can achieve that I will rapidly learn, then be able to evaluate what steps might be best for the next stages.
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29 January 2025 | 107 replies
Cost of value add was $120k, so over $580k of increase above costs.
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23 January 2025 | 5 replies
Repairs ($5k): Increase to $10k for unexpected issues in a 4,000+ sq. ft. property.Total reno costs will likely fall between $180k-$210k, not $145k.
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16 January 2025 | 13 replies
I've had to override Christmas 2025 to make it higher because PriceLabs has it too low...but if I increase my base rate, the other dates are off...this may fix itself over time as PriceLabs learns my occupancy and rates, not sure).
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12 January 2025 | 2 replies
Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.
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13 January 2025 | 7 replies
I just can't accept such a constant ever increasing loss, even if I can afford it.
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14 January 2025 | 19 replies
While the vetting of residents is greater with FF over an Airbnb or similar platform, I think Airbnb overcharges for the increased convenience.
14 January 2025 | 7 replies
If you have access to some money you can increase your equity in one jump.