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29 January 2022 | 40 replies
The information was quite enlightening in a sense and different than what I had understood previously.When looking at taxes, you really need to decide and strategize on either setting up a Bank Trust (Fideicomiso) or a Corporation.
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9 January 2021 | 8 replies
The personal growth aspects will challenge your mindsetGreat speakers who come just to share their experience and answer questionsFrom these events I have created friendship, formed partnerships, and found investors.
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24 August 2018 | 12 replies
Doing gave me a far better understanding and appreciation of this critical asPect of investing GOOD LUCK!
27 August 2018 | 65 replies
at the end of 30 years of rent payments .. your rents go up over time mortgage stays level on a fixed rate. you sell you have NO tax and your home is paid off so you get a big chunk back you rent money is gone.. if your owing the rental when you sell you have HUGE recapture you have to pay back so the deprecation while it helped you it must be paid back.. where as with the owner occ home you have 250 to 500k TX free gain when you sell. plus there is the familial aspect best schools are in owner occ areas not rental areas .. safety and other things ..
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25 November 2021 | 273 replies
Accelerate payments as you get older and rents go up.Enjoy your hard earned income and smart investment strategy during quality years of life.And maybe you get lucky and catch an awesome wave of appreciation and you never have to look back again.I saw one relative buy their first at 31, “forever home” at 39, and then next rental acquisition was not until 53, followed by 4 more strategic buys during the crash (he had money saved up and equity in their primary from not investing in his 40s).
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20 June 2018 | 10 replies
So now you've gone thru the "cosmetics" Kitchen remodel/bath remodel/opening up the floor (and don't forget the cost of the "supporting beams") , new flooring, paint, smooth ceilings; don't neglect the structural aspect and exterior - electrical upgrade?
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12 March 2016 | 5 replies
But it's rare for people to succeed without both aspects working together.
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3 January 2017 | 9 replies
Have someone qualified look over the numbers with you if you are at all in doubt.The reason I suggested looking at your situation in that manner was to take the emotional and inertial aspects out of the equation and narrow in on the pros/cons of keeping/selling your personal residence.
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12 August 2021 | 21 replies
I don’t believe they’re a TK company; however they have helped to manage every aspect of my acquisition, repair, and management.
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7 March 2017 | 14 replies
Many of them "strategically defaulted" or short sold, and trashed their credit.