Cindy Shiblie
Thoughts on investing in Little Rock
22 January 2025 | 9 replies
Your loan will be $1,100 a month, add insurance and property tax.
Susana Alcorta
New to RE living in Austin TX area and about to move to Protland OR!
17 January 2025 | 6 replies
u can see these homes on my website. also if there is any way to manage it.. if you can figure out how to get paid as a WA resident you will enjoy the same no income tax status you enjoy now..
Christina L.
Beech Mountain short term rentals
31 January 2025 | 21 replies
Also, you will have additional occupancy tax depending whether you are in the city limits or not.
C.S. Bryson
Is this a good deal?? New to investing and seller finance and looking for advice :)
24 January 2025 | 17 replies
Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
In California there is $800 franchise tax per LLC per year, which discourages a lot of RE investors from getting an LLC.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
Invent a global tax (Carbon Tax) and invent a token of credit against those tax's (carbon credits) and shazam a market where traders can buy, sell trade, option, leverage, hedge against these and the flow of them.
Jacob Sallblad
Inherited 28 unit portfolio
21 January 2025 | 6 replies
If you can rent it for enough to cover the principal, interest, taxes and insurance and still put money in your pocket, plus cash flow on the property you're purchasing, that would be ideal.
Nate McCarthy
Investing in Sacramento - Lots of questions!
5 February 2025 | 6 replies
I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.
Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
@Apryl Skahill To get your risk-averse spouse on board with real estate investing, start by educating him with beginner-friendly resources that highlight the long-term stability, cash flow potential, and tax benefits of real estate, such as depreciation deductions and offsetting W-2 income.
Carlos Rodriguez
New to US market
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.