Julian Martinez
Real Estate Professional with STR in Mexico up to chat?
7 February 2024 | 8 replies
I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acquire a property in Mexico that would make for either a solid STR and/or eventually our forever home.I’m completely new to acquiring a foreign property- how to finance, what purchase process looks like, how foreign STR is taxed, does real estate professional status matter, etc.
Noah Laker
I host over 100 AirBnB Listings in CA and AZ **Ask Me Anything**
8 February 2024 | 111 replies
I have a ton of potential clients too for you.
Joel Oh
Write off luxury car under STRs?
7 February 2024 | 34 replies
Even if you meet these requirements, depreciation deductions for luxury cars have limits, requiring fancy calculations and potentially resulting in tax hits.
Ted Daniels
Flipster software a fraud or legit?
6 February 2024 | 63 replies
As close to a scam as possible -without being something I can dispute with my credit card company.
Account Closed
New to the community, looking for guidance
7 February 2024 | 8 replies
After some basic research, it seems to me that an FHA loan or, potentially some type of physicians loan may be the best option.
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
6 February 2024 | 6 replies
Additionally, I am prepared to offer either a first position on the loan or cross-collateralize with my portfolio of seven vacation rentals, valued at approximately $12 million, with $6.5 million in available equity and generating $1.4 million annually in gross rents.Given the potential of this project, combined with my experience and the collateral available, I seek advice on approaching potential lenders or investors and effectively negotiating terms within such tight time constraints.
Brian Howse
February HOI Premiums
7 February 2024 | 4 replies
I have called several Independent Agents locally and they all are requesting 4 Point Inspection reports (WInd Mitigation basically) and don't seem to get the point that I am analyzing "potential" investments.
Jacob Allen
Accountant Recommendation for the Upstate - Greenville, SC
7 February 2024 | 13 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
Elvin Luccon
4 unit multifamily deal
6 February 2024 | 19 replies
Evaluate interest rates, loan terms, and any potential changes in the interest rate environment that could affect your financing costs.
Chad Mitchell
Hi Everyone ! Brand New Rookie Investor Here
7 February 2024 | 9 replies
I started investing here for the long-term potential, seeing how much money is getting pumped into the market.