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15 January 2020 | 7 replies
I've also seen that there are some private and hard money that would do loans to foreigners but they seem much more expensive and they would probably kill the cash flow from the buildings i am looking into.The duplex I own I paid for with my personal line of credit but that limits my buying power by alot.The main reason why I invest in the states is simple, in my area in Canada, gross rent multiplier is about 16-20x, which is not ideal for cash flow.So my question to you is this: does anyone think that it's worth it to get loans with higher interest rates and just go with my initial strategy?
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12 January 2020 | 1 reply
If your LLC is a single-member LLC, then it will be disregarded for tax purposes, and you will report your rental activity on Schedule E and your real estate agency on Schedule C of your personal tax return.
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13 January 2020 | 2 replies
Hello Jordan,I read the book called "The E Myth" revisited by Michael Gerber.
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12 January 2020 | 1 reply
It affects your schedule E. 2.
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19 May 2020 | 7 replies
Ideally looking for something 1-2 hours (traffic not included) outside of Boston.
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13 January 2020 | 3 replies
Househacking would be ideal for you.
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15 January 2020 | 0 replies
Looking at closing on a home in E Whittier/Orange County border in April timeframe.
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16 January 2020 | 13 replies
The drawbacks are that it currently does not allow for e-sign of a lease or the collection of rent with a frequency other than monthly.
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16 January 2020 | 2 replies
Looking at closing on a home in E Whittier/Orange County border in April timeframe.