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28 November 2024 | 10 replies
Profit split (20–50% if the deal does well).
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2 December 2024 | 9 replies
Cause you don't want to tell the original seller how much profit you're making?
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3 December 2024 | 3 replies
I did just this, and in 4 years sold it for a $200k profit and that’s how I bought my home and build an ADU conversion.
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28 November 2024 | 8 replies
Any business can be profitable if done correctly.Look at your own video.
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2 December 2024 | 6 replies
Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.
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3 December 2024 | 14 replies
You being a “partner” and then paying the “profit” to the builder makes no sense.
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2 December 2024 | 19 replies
Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.
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24 November 2024 | 7 replies
Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...
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5 December 2024 | 20 replies
Recognizing red flags early are key to staying profitable.
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3 December 2024 | 9 replies
I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month.