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11 October 2024 | 3 replies
Yes a war torn country with over a 30 year history of conflict and war.
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11 October 2024 | 11 replies
If you are used to the STR world, be aware that ff.com and the STR platforms behave very differently.
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10 October 2024 | 4 replies
I am aware of certain zoning and regulations but am looking to further my knowledge before potentially venturing deeper.
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10 October 2024 | 6 replies
Buyer is aware that seller intends to perform an IRS Section 1031 tax-deferred exchange .
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10 October 2024 | 2 replies
Section 721 of the Internal Revenue code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) or an Operating Partnership without triggering a taxable event.Many investors are aware of a 1031 Exchange where an investor must find a replacement property to defer capital gains taxes on the property that was sold.
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10 October 2024 | 17 replies
They can get complicated from a tax perspective after your death so I would be sure to make your tax professional aware of the situation and make sure they get copies of the trust documents for planning purposes.
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11 October 2024 | 7 replies
Something to be aware of.We've filled vacancies at our medium-term rental in Denver in January before, but had trouble in November and December, so I don't know if the winter is tough or if its simply the holiday season.I'd be more interested in buying the right place whenever it comes up.
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10 October 2024 | 8 replies
You do have to be aware of cultural differences and other challenges:- In other countries, workers ALWAYS take their birthdays off- You should inquire about & respect local holidays- Timezone differences of more than 2-4 hours, can lead to mysterious "sick" days.
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15 October 2024 | 26 replies
There may also be costs associated with setting up the accounting for the shells, and preparing inital shell formation meeting minutes, etc...You will also need separate bank accounts, and a war chest of money to defend them if/when needed.Ask your asset protection attorney vs salesperson for a quote on the cost to defend, and how much it will cost to move title to the shells.Find out if moving the title creates a taxable event for you with the IRS re.
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9 October 2024 | 4 replies
If you did not, they could argue they were not aware they could be fined for this (hard argument but one an attorney could still argue).