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1 February 2025 | 4 replies
States Can Still Require Additional FilingsEven though 506(b) offerings are exempt from state registration, individual states can still require notice filings and fees.
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29 January 2025 | 10 replies
Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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27 January 2025 | 8 replies
Feel free to private message me with any additional questions.
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5 February 2025 | 35 replies
In general these are either growth markets or markets short housing that has significant hurdles to adding additional housing.
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29 January 2025 | 3 replies
You're also able to work with the utility company to install an additional meter.
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16 February 2025 | 27 replies
Quote from @Tim Buckingham: @Jonathan Moody Good information but I'd like to add some additional points (note that your mileage will vary due to numerous variables).
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12 January 2025 | 13 replies
Additionally, do you have any other ideas or strategies that might help achieve his goals without incurring a tax liability?
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23 January 2025 | 15 replies
Loss of use is foryour additional expenses if you can not live there due to a covered claim (ie.
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20 January 2025 | 1 reply
As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.