• Search

FAQs

Do I have to pay capital gains tax if I sell the property in the future?

Capital Gains is very simple and straight forward especially for investors. There is a 15% capital gains tax on the profit of the sale of your property. However if you re-invest the funds, even the capital gains there is zero tax!

What are my exit strategies? Can you sell the property for me?

Exit strategies are simple as well, once you decide to sell your property we can list and market the property to the local market and are average time of sale is 4 weeks. With the property market coming back as strong as it is in Florida, homes are selling as fast as they were in 2005.

For investment properties, how are tenants sourced & qualified?

Tenants are always a tricky part of real estate investing. Fortunately we work with a premiere property management company (Rentals Orlando) who uses a very strict screening process for prospective tenants including credit check, background check, employment confirmation, previous landlord referrals and first month rent + security deposit.

What types of tenants rent properties in Central Florida?

The average tenant is a family of 4 with a husband/wife and 2 children with a household income of approximately $65,000. In Florida the tenancy laws favor the owner, not the tenant so there is very rarely any issue. The average property will receive 8-10 rental applications so you are surely going to get the best qualified tenant.

How is the property market forecasted to perform in the near future?

The Forecast appreciation for foreclosed properties over the next 3 years is 22%.

Do I pay income taxes in US & UK?

There is no double taxation between US and UK. You will File Income Tax in America, however the amount of “NET” income after deductions and credits you will not actually have to pay any tax on that amount since it does not break the threshold of income-owed-tax.

Are the monthly fees high on investment properties?

Depending on the specific property, the monthly expenses are very minimal which is why we are able to provide the best income producing investment properties. Typically $250 per month covers taxes, insurance, and management. Any expense such as community fees or maintenance the property management company will pay through the rental income.

What if I decide to sell my property in the future and it needs work? How much would that cost me?

You could completely renovate a typical 1,200 square foot investment property to full move in standard for less than $4,000 after 3 years and that would include interior paint, carpet, fixtures, kitchen refinishing, etc.

Does America Homes have some form of on-going or yearly fees?

After the initial sale of the property, there are 0 fees paid to us. The management company fee is 10% of rental income which is the industry standard however Rentals Orlando offers far more services and value than the standard property management company since they specialize in foreign investors!

Being foreclosures, could quickly sell the property for me for an immediate profit?

We would happily ‘flip’ the property to a local buyer for a quick $3,000-$5,000 for you, as we have seen offers are come in daily so if you wanted to just purchase it and sell it off to an owner occupant that is not a problem. However keeping the property for at least a year, taking advantage of the cash flow (collecting $8,000+) for a year then selling it for even higher profit (Orlando market forecast is 8-10% increase in 12 months) given the way the market is moving would be more lucrative for you (going from a $3-5k profit to a $15-20k profit in one year when factoring in the cash flow).

What are my exit strategies? Can you sell the property for me?

Exit strategies are simple, once you decide to sell your property we can list and market the property to the local marke. With the property market coming back as strong as it is in Spain, homes are selling as fast as they were in 2005.

How do I rent my home to pay the mortgage?

Firstly, you can never guarantee you can always fill your home with holiday makers year round, so we always say you should be in a position to pay the mortgage regardless of rental return. Saying that you can put yourself into a position of having the best possible chance of producing more in rental income than the cost of the property, turning into an income producing asset. To do this firstly, choose a new build. These are newly built homes that modern rentees, and rental management agents, want to use. Secondly - buy with IHG! Tell us that is your preferred option and we will source the properties that best fit that criteria taking into account amenities, location and costs along with what you require as a part-time user of the home. You will need a rental management company that takes care of the property, promotes it, manages the rentals and cleans/fixes afterwards. IHG have several recommended suppliers that we work with regularly in each region that we can introduce. You will need furniture, and if you choose a newly built home it is often best to pick a ‘furniture package’ from a high quality supplier which we can again recommend.