3 May 2024 | 2 replies
We both live in Ohio, but I think there are probably tax and legal benefits to registering in another state, such as Wyoming.
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2 May 2024 | 2 replies
For investors, property managers, and construction professionals, the message is clear: the future of real estate lies in innovation and sustainability.Here are a few tips for incorporating technology and sustainability into your real estate strategy:Stay Informed: Keep up with the latest technological advancements and sustainable practices in the real estate sector.Evaluate the ROI: Consider the return on investment for implementing new technologies and sustainable features in your properties.Think Long-Term: Investments in technology and sustainability may require upfront costs but can lead to significant long-term benefits, including increased property value, reduced operating costs, and a positive environmental impact.
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6 May 2024 | 23 replies
You will have payroll and tax filings.
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3 May 2024 | 12 replies
Example belowwe found a house for 900 a month rent Asking price was 59900. taxes 1400, insurance 800, renovation budget 25k mostly cosmetic and minor fixeswe went into it expecting a 15% return on our cash out that gave us a expected cash out loan around 75k to get our 1.4 dscr When we plugged our numbers we could go over 47k on our offer to make the deal work we offered 43 and got counter 47,5 we took the deal assume a slightly lower 1.38 dscrthe key is to scale and be selective on tenants AND not allowing pets (you can offer them but suggest crazy fees to cover yourself) 500 pet fee, 25 a month per pet etc.
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3 May 2024 | 2 replies
There are set fees like any grantors tax, HOA disclosure package, then fees that vary, like settlement fee, deed prep, prorated real estate taxes, commissions, closing cost assistance requested in contract, etc.
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3 May 2024 | 18 replies
I am currently reading The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew Macfarland.
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2 May 2024 | 23 replies
To be honest in our country it’s quite difficult to determine what a pro agents means and to choose a correct an honest person to drive you throw process.Bellow I can give you few tips how to start and what to Watch out:Define your goals for buying a property in Greece, such as a vacation home, investment or permanent residence.
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3 May 2024 | 1 reply
I found there was loans taken out using a 3rd party that was disguised or hidden on their taxes.
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2 May 2024 | 19 replies
Use your least tax-efficient money to buy your most tax-efficient assets.
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1 May 2024 | 14 replies
Looking for an insurance policy for an STR in Asheville, NC. Based on the recommendations in this forum, I got quotes from Proper, CBiz, and Foremost. As kind-of expected, Proper quote is double of CBiz and triple of ...