I am very familiar with how to list a traditional, non-furnished house for rent on Zillow.

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.

RE simply is not only cash flow rentals that tends to be the majority of course since its the easiest concept to grasp and financing is by far the easiest for beginners or non experinced folks.

If real estate with proper fundamentals is purchased well and appreciates, there are a few avenues to pursue:  LTCG tax treatment on an eventual sale;  deferring taxes through a 1031; or a refinance where there are no tax consequences.

Non-conforming/portfolio loans, which aren’t conventional loans, will allow as little as 20% down. 

Oh, and that person is probably authorizing checks from a business account with much deeper pockets than any traveling medical professional.

Some lenders do have minimum credit scores to access these loan types, but it is the exact same qualifications for income and assets as non renovation loans. 

Number 1 reason for non-rental is $ price of rent, second is the season, I say the season is Thanksgiving to Super Bowl. 

The seller’s most recent counter-offer was 90k for 30-40 day closing with a 10k non-refundable earnest money deposit.