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5 November 2024 | 3 replies
In his opinion the best setup to minimize taxes was a checkbook LLC in an SDIRA.
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4 November 2024 | 1 reply
It considers factors relevant to renting, like payment history and outstanding debt, so a low ResidentScore can indicate a higher rental risk even if it’s not a traditional credit score.For declining an application due to a low score, here’s a respectful and straightforward way to word your response:---**Dear [Applicant’s Name],**Thank you for your interest in renting [Property Address].
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5 November 2024 | 3 replies
Much older than most of the other listings I'm into but the rough numbers indicate it would be pretty profitable (+$2,000/mo).
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5 November 2024 | 22 replies
And I am required by law to point the Tenant to Legal aid resources and must have a signed affidavit by the tenant indicating they have received it.
10 November 2024 | 19 replies
While I'm Canadian and no US tax professional, I know a thing or two about it since I've had Americans invest with me in Mexico (don't just take my word for it and do the necessary checks though).If you invest in your own name or through a fideicomiso, Mexico will withhold 25% of your gross income, as you indicated, but that will be all you pay.
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4 November 2024 | 1 reply
This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.
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4 November 2024 | 7 replies
Usually your reserves for those categories will range from 25-30%, although maintenance & capex should initially be minimal since the home is new.
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6 November 2024 | 7 replies
Since this is a family property you likely know it inside and out during your ownership so it should minimize the number of calls you get and glitches in the unit.
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8 November 2024 | 38 replies
If you are not a real estate professional and bonus depreciation is limited to 40% starting Jan 1, the tax benefits are going to be pretty minimal unless I am missing something.
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3 November 2024 | 1 reply
This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.