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24 January 2025 | 6 replies
Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.
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25 February 2025 | 4 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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24 February 2025 | 5 replies
My one tip would be, its not about getting wealthy quickly, but more long term.
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23 January 2025 | 7 replies
If not, at least make sure that you get a term sheet.
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8 February 2025 | 3 replies
While OZ investments offer significant tax benefits, assess property risks and long-term potential beyond the tax savings.This post does not create a CPA-Client relationship.
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16 February 2025 | 5 replies
I’m always open to collaborating on innovative ideas and projects that align with our long-term financial goals.
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2 February 2025 | 14 replies
Depending on your current rate or if the current loan is short term or long term.
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11 February 2025 | 15 replies
It is important that you keep the investment for a medium to long term.
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12 February 2025 | 4 replies
Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months.
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9 February 2025 | 9 replies
Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.