If you didn't report your expenses for furnishing, repair, and renovation on your 2023 tax return, you may still be able to claim those expenses in the future when you generate rental income from your property.When you do start earning rental income and need to report it on your tax return, you can deduct eligible expenses associated with renting out your property, including the costs of furnishing, repair, and renovation.

I am looking to create a group of Belgian RE investors to discuss, let me know if you are interested.I bought in Flanders (Antwerp area) privately.

This could include new construction loans, down payment assistance programs, private loans, hard money loans, and rehab loans.Compliance & Legal Support: Does sponsors usally help you navigate the ever-changing regulatory landscape?

You invest to create passive cash flow and grow your wealth through appreciation of your properties, but not for immediate tax savings. 

I think it will come to me soon :) I will create a simple website for it as well.

Buying a 4+ bedrooms with a bonus room or flex rooms they’re able to charge from $650 to $750 per room including utilities.

If so, take photos of the place before you clean it and send a bill to the last known address including any cleaning costs and unpaid rent. 

Does your rent include all utilities, if not factor that cost in.

What I wrote above does not create an attorney/client relationship between us.

Then you’ll hire a general contractor who will sort out permits and oversee the construction, which includes a bunch of inspections like framing, electrical, and plumbing.