
3 June 2024 | 8 replies
Lenders will likely require documentation such as bank statements, tax returns, and proof of income.Consider Cross-Border Financing Options: Explore cross-border financing options that allow you to leverage your Canadian assets to secure financing for US properties.

3 June 2024 | 8 replies
And yes, I will have my tax professional go over it.

1 June 2024 | 10 replies
Great for tax purposes.

4 June 2024 | 9 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

4 June 2024 | 7 replies
I can also infer a few other items in later points, such as vacation destination, no sales tax, and a commuter state. b.

4 June 2024 | 13 replies
You get all the benefits - cash flow, appreciation, tax advantages - without all the headaches.Anyway just my two cents, wish someone had introduced me to this format of investing alongside a group of other investors when I was first starting out.

2 June 2024 | 2 replies
Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.In my research I found:(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.(2) MW506NRS is the withholding exemption.I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.My QI already said they will not fill it out and I guess doesn’t have all the information required for it.

4 June 2024 | 6 replies
If so, sell tax free now.

31 May 2024 | 42 replies
I receive a K-1 for all 3 for my federal taxes.

3 June 2024 | 14 replies
My wife and I invest in real estate, the stock market, and both have high paying W-2s and obviously file extensions every year on our taxes.