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12 February 2025 | 2 replies
It's a free market. - You will finally get a tenant.
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22 January 2025 | 11 replies
I am using the tax benefit along with the principal pay down and appreciation to offset.
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27 January 2025 | 17 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)
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21 January 2025 | 5 replies
And you would get to indefinitely defer all tax on the gain from the sale.
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12 February 2025 | 4 replies
I've worked with some Canadians buying here in Ohio.Indeed, rather than selling your stocks to fund investments (and lose out on any potential price appreciation and dividend payments, as well as incurring capital gains taxes), a nice alternative is to borrow against some percentage of the holdings.You would start with the brokerage where you hold the stocks and see what their loan program looks like for the account you hold.
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23 January 2025 | 26 replies
I do like the tax benefits and leverage.
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23 February 2025 | 10 replies
Conventional lending requires tax returns, good FICO and reasonable DTI.
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18 February 2025 | 21 replies
In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?
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7 February 2025 | 14 replies
Feel free to reach out, happy to help!
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29 January 2025 | 2 replies
However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.