I have the option to have a used tire shop put in my name. It's in the middle of town and quite a few customers come everyday. It does need a little renovation though. The particleboard roof tiles are trashed and it n...
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Hi everyone,
Trying to understand the regulations around branch profit tax.
When making an investment via a Foreign Company in a US investment (Syndication/Real Estate Fund/Private Placement).I understand BPT is o...
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Attached is a P&L that was sent to me. I'm looking for some experienced investors to give feedback on what to look for when reading a P&L. I know it doesn't tell the whole story but highlights or things you se...
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I bought my first deal in February 2019 and when the rehab is finally complete in 2 weeks, after a long story, I should be able to get a 15% BRRRR return, much less than originally anticipated, with a lot left in the ...
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I'm totally new to Real Estate Investing. But after reading so many times that $100 a month profit is the goal, I'm left wondering how can this be good? By my estimation I'd need 40-50 houses to make a decent living...
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Assuming that operating expenses will vary from year to year, what do you typically do in the years with minimal operating costs?
For example, if you have $300k in leftover revenue, do you pre-emptively spend on the ...
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I bought two units in downtown Colorado Springs in 2001 for $183,000. Units are free and clear and together generate $2,800/mo gross. Realtor approached me to list for $499,000. Net profits on sale after capital ga...
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I am curious to hear how others reinvest (mid-year) LLC profits.
I just filed my taxes and now I am looking ahead to end of the fiscal/calendar year ... please chime in with any best practices.2020 feels like its f...
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What are some legal (or borderline legal) strategies or loopholes to increase profits if your building is subject to ETPA (Emergency Tenant Protection Act)? The building is a 6 family owner occupied unit in Westcheste...
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I know the 1% rule is the ideal case, but that is no longer practical for most parts of Ontario especially Toronto GTA, is there anyone who has experience with renting with .6% or even less yet having positive cache f...