Income Source: it's complicated, I worked at a dental office in Los Angeles, CA with a W2, The business was sold during covid and I decided to make this my new career in.

Intelligent: Many of my clients ask complicated questions or ask questions in a certain way that many may not understand (engineer mind), the lender needs to be able to keep up. 5.

I am looking for properties across the country where I can afford them.Real Estate business today is largely influenced by systematic and judicious handling of the entire process.

Hey Everyone,Bear with me this one’s a little complicated...I’m currently on my second multifamily house hack and things are going great.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.House hacking will complicate your tax return.Your property can be treated as both an investment property and a personal residence.

It’s not very complicated thankfully, but it does require a little money and a lawyer to make sure everything is done correctly

Mixing the two sub-optimizes the strengths of house-hacking and complicates the process of BRRRR in my opinionI lay this out because the simplest approach to BRRRRing a multifamily property would be to purchase it using a commercial loan (which readily can be set up to fund the rehab AND can be paired with hard money if you're into that sort of thing). 

I considered hiring someone just to double check some of the details since it is a rather complicated master lease situation with me renting an office from my largest tenant. 

If you're goal is to eventually create a large portfolio in the US, as a Canadian living in Canada, the business structure is more complicated if you want to minimize taxes.Regarding "you can't compete in this market here", there are many cash flowing markets in Canada.

However, it is more complicated with inherited tenants, because the prior owner may not have up kept the property or told the tenant "I am selling, ask the new owner for repairs."