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9 January 2025 | 107 replies
Then you have a whole new house with additional equity you created perhaps then you can get a heloc on that home if you cannot refinance it.Talk to lenders about your plan before so you can make sure it will work with you.
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7 January 2025 | 12 replies
Explore multifamily or out-of-state investments for higher yields.Setting up an LLC provides liability protection but has no tax benefit for you now.This post does not create a CPA-Client relationship.
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4 January 2025 | 9 replies
I’ve also seen success with titles that create an emotional connection—something like, ‘Ultimate Family Escape with Stunning Views!’
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5 January 2025 | 9 replies
You need to be extremely organized and create processes and systems.
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2 January 2025 | 1 reply
Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.
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3 January 2025 | 5 replies
Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.
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7 January 2025 | 16 replies
My current goal is to create enough cash flow over the next 3-5 years that I can quit my W2.
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9 January 2025 | 9 replies
Combining HELOC and private funding is also viable.This post does not create a CPA-Client relationship.
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11 January 2025 | 67 replies
Once you have the number of homes you want, you pour your cash flow and extra income into the smallest mortgage until it is paid off, then you move to the next and create a snowball effect.
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6 January 2025 | 77 replies
Technically, they’re not the same account, but they’re definitely all working together and I believe some of the answers were created by the original product provider themselves.Now, if it’s a back-and-forth service discussion and the questions are not being asked or answered by a pre-planed Conspiracy to openly market in a camouflage manner then that’s a different story in my opinion.