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28 January 2025 | 7 replies
With the purchase, the rehab, the closing costs and the holding costs (hard money, taxes, insurance, utilities) our all in is around $200,000, but we have created $40,000 in equity.
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10 January 2025 | 1 reply
One thing to think about are the tax implications of being a Canadian paying US taxes.
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13 January 2025 | 6 replies
However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.
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26 January 2025 | 3 replies
With a large portion of the incoming migration coming from international residents moving to the District, emphasizing improving and bringing back Washington D.C. sports teams to the city should create a strong desire for domestic residents to want to live near a fun, community engaging activity that is very relevant to those that live in and around the city.The District also has other programs it is running to make the District more attractive to live in outside of just working in the area, such as the Office to Anything program (Source) and the Housing in Downtown program (Source) which will incentivize developer through tax credits to convert office buildings into new construction housing and new construction retail properties, which should continue to attract more residents back to the area.D.C. also understands that with all of these big changes we have seen, the strategy and allocation of resources from the government moving forward should be reassessed to create a city that is adapting to the future trends to remain a safe and desirable place for residents to live.
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20 January 2025 | 57 replies
Have you passed the tax assessment yet, or is this your first year of owning it?
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12 January 2025 | 7 replies
You must have the Business tax license & pay all the fees required.
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11 January 2025 | 2 replies
Is the option government supplied insurance where taxes supplement the insurance?
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5 February 2025 | 17 replies
Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?
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8 January 2025 | 4 replies
When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.