Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveđ Wow!
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.
Charles Masten
Expanding to Columbus, Ohio - Looking to Connect!
29 January 2025 | 7 replies
It's an amazing market here with so much incoming growth due to population growth, job growth, and companies moving/developing here!
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
To rebuild would not be all that much more due to the work that needs to be done.Â
Kareem Hammad
New Agent Wanting To Learn About Investing Too
18 January 2025 | 10 replies
I do understand that due diligence is something that is very important in this type of investment, or any investment for that matter.Â
Will Daugherty
Building a portfolio dashboard
19 January 2025 | 1 reply
I would like a payoff planner that helps me navigate the various maturity dates and interest rates of my (15 due in 5)Â mortgages so that I gain the best financial advantage when paying down principal balances.Â
Dean Kenny
Best Option to Start Investing
22 January 2025 | 4 replies
If youâre interested in investing in real estate, you can consider doing so with a Self-Directed IRA to defer taxes on capital gains until you actually withdraw the funds from your IRA.
Karen F.
Recommendation for inexpensive, durable LVP?
20 January 2025 | 3 replies
It's almost like they tack on a few hundred dollars to the order and forget to charge sales tax
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
Knowledge is power:Thorough Inspections: Minimize surprises with detailed inspections and due diligence.Strong Screening: Careful tenant selection reduces vacancy and headaches.Diversification: Spread your investments across different locations and property types to mitigate risk.Financial Planning: Maintain a buffer and choose financing options that fit your long-term goals.