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15 January 2025 | 6 replies
So I do currently have income from my rental properties, however it isnt enough to cover our current costs over here for the next 6 months.
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20 January 2025 | 9 replies
There are areas outside the Tahoe basin with a short drive that can provide for solid short term or long term income streams and still pull in the Tahoe goers.
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5 February 2025 | 29 replies
If passive income and ease of management matter more than squeezing out every last dollar of equity, a turnkey property could be a great move for you.
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22 January 2025 | 13 replies
They tend to all have good incomes, little to no credit, and are self employed with lots of family.
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21 January 2025 | 13 replies
You may find this a viable option with rates where they are, especially if your rental income continues to cover the mortgage.Home Equity Line of Credit (HELOC): If your property qualifies, you could use a HELOC to access the equity without disturbing the current mortgage.
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27 January 2025 | 23 replies
(I REALLY can’t stand state income taxes.
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21 January 2025 | 15 replies
They’re a great way to generate passive income with minimal hands-on involvement.Looking forward to hearing more about your goals!
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12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
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30 January 2025 | 34 replies
I know for our portal in Buildium owners can log in and run different reports like income statements, profit and loss, general ledger, etc.
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13 January 2025 | 2 replies
It would depend on your income, location and price of the home.