Zach Howard
Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
A lot of people spend their time doing this, but it's not a good use of time because it can not teach you anything relevant without seeing each one in person.
Carlos Rodriguez
New to US market
11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
There's some excellent relevant & recent material from very high quality individuals on this forum.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Additionally, those forced to relocate due to the fires should update their address with the IRS to ensure they continue to receive relevant communications.
Felicia Vinces
What makes a good seller financed deal?
28 December 2024 | 2 replies
I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
13 January 2025 | 1 reply
Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
When you’ve seen luxury remodels succeed in more modest markets, what strategies did the property owners use to ensure those high-end features stayed relevant over the long term?
Kyle Carter
Distressed property valuation
8 January 2025 | 5 replies
The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.
Derek Heinz
House hacking with low liquidity and an investor or two
3 January 2025 | 3 replies
Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
If the house has a septic system, especially if it's an older one, it's worth the investment to have a septic inspection done.This concern is particularly relevant for those planning to buy and hold the property rather than simply fix and sell it.