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29 January 2025 | 3 replies
Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.
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11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
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5 February 2025 | 5 replies
Quote from @Polat Caglayan: 1500 sq ft and a mid-level renovation that complies with section 8 standards I would get a contractor out there
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6 February 2025 | 3 replies
If someone could please be so kind as to refer me to someone they trust to take a look I would really appreciate it!
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29 January 2025 | 8 replies
They said they'd do it through a title company if I didn't trust them, but they really needed the 2% fee to get everything rolling for the loan.
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27 January 2025 | 10 replies
.: Since you're in Wyoming isn't setting up a Wyoming Trust a lot easier than for us out of state people?
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31 January 2025 | 7 replies
A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.
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26 January 2025 | 7 replies
Quote from @Brandon Weis: In your opinion, as you are starting out at 0 reviews, do you think it is a must to beat the competition on price to overcome customer's hesitancy or lack of trust with no reviews?
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5 February 2025 | 0 replies
At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc.
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5 February 2025 | 4 replies
@Andy Ptak when jumping into the industry you have a few choices:1) Start at the bottom2) Leverage your experience to convince someone to give you a chance3) Decide between:--- Big companies who will usually start you at the bottom--- Small companies that will more like to a chance on hiring you for an above entry level position.