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1 July 2024 | 4 replies
@Olivia Leija It is most likely dependent on the firm that you work with, but with ETS, the annual review is included in your initial price.
4 July 2024 | 7 replies
It depends on the local laws but1.
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5 July 2024 | 19 replies
It depends on where your unit is.
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3 July 2024 | 14 replies
They might make you open some things up and it will likely cost you (really depends on how strict your municipality is, I would ask someone there for a better idea.)
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2 July 2024 | 1 reply
I also suspect home prices would initially rise on the first 1-1.5% of cuts, but ultimately fall once we get to the 3-4% range as large pre-pandemic supply comes back online, compounded by boomer land lords selling realizing the top of the market is in the rear view mirror (at least for them).If you eventually get squeezed on lower rents and valuations as the market normalizes, the ability to BRRR your pandemic era deals will be limited, so how do avoid trapping capital in the deals you already own from this environment?
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3 July 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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1 July 2024 | 12 replies
So the funds need to come out of the LLC one way or another.Not a tax advisor by any means.
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2 July 2024 | 9 replies
If managing a property feels overwhelming or if the security of being debt-free is more valuable to you, selling might be the better choice.Ultimately, the decision depends on your long-term financial goals, comfort with property management, and risk tolerance.
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3 July 2024 | 4 replies
ALWAYS discuss w your tax advisor.