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11 March 2024 | 21 replies
Financing and tax related issues will force the other into becoming part of whatever you decide to do and you don't want to overcomplicate your marriage with financial decisions that both of you are not on board with wholeheartedly.That being said, there are other ways to invest in real estate that don't involve you moving or evening buying a home.
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8 March 2024 | 0 replies
Good luck and Happy Bidding.https://www.tax.newmexico.gov/businesses/property-tax-overvi...
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11 March 2024 | 19 replies
@Kim Porciuncula we manage almost 700 doors, around 100 of them S8 and have clients from 11 different countries.You'll probably also need assistance with setting up an ITIN, Michigan LLC, corresponding EIN and opening a USA bank account - we have a tax attorney that can handle all that.PM us for additional assistance.
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9 March 2024 | 12 replies
Check with your county tax assessor.
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11 March 2024 | 3 replies
The basis could be the price their sister in law sold her house for 3,000 miles away; the amount of principal, interest, taxes, insurance, and repairs they put in (known as “make me whole”), an amount that makes clear they are not to be trifled with (“I won’t give it away!”)
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10 March 2024 | 9 replies
More details:Mortgage (principal + interest): $2930/moProperty taxes: $15K/yearHome insurance: ~$1K/yrCost of home ownership/month: $4280/yr (not counting for any tax deductions related to the interest and property tax)If I account for $20K of interest and $10K of property taxes as an income deduction, then I can reduce the cost by ($30K x 35%) divided by 12 = $875 per month = $3400/mo cost of owning the houseRental income after 35% federal income tax + 9.3% state income tax = $2618/month (!!)
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11 March 2024 | 19 replies
I don't think anyone that lives in Pueblo County would dispute those claims.
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11 March 2024 | 4 replies
So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental.
11 March 2024 | 4 replies
Hello,I can share with you that in Belgium you need to hold property after 5 years of holding to avoid payment of tax.
9 March 2024 | 10 replies
I jumped on the MLS just now and see one condo in Miami Gardens for $125,000 and the listing claims that the current tenant is paying $1200 per month.