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8 October 2024 | 12 replies
They have to sweep, mop etc.We charge $100 pet fee and that covers up to2 dogs.We use this for small breakage or losses.
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6 October 2024 | 2 replies
Hi experts, I have a question about net passive income from rental properties.Say I have passive loss (say -X) from investment property A, but have passive positive (say +X) from investment property B.For tax purposes, can I pool A&B together to net them to 0 on the whole passive rental properties income?
7 October 2024 | 0 replies
I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.
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4 October 2024 | 17 replies
Unnecessary.
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9 October 2024 | 16 replies
There are losses due to vacancy during any turnover, but even that is minimal.
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8 October 2024 | 10 replies
Perhaps you can better explain what you are looking to accomplish because it seems you are adding unnecessary transactional costs.
11 October 2024 | 27 replies
(not all debt ever reports to credit bureaus) They do not know that the tax returns will show the income or loss from the LLC, and that there are about 4 different reports other then the credit report that underwriters use to find undisclosed debt.
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7 October 2024 | 3 replies
Often the equity partner has a lot more risk in the venture (losing all the investment money) where the work partner could walk away with the loss of time and effort.
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7 October 2024 | 8 replies
Keep in mind that passive losses from rental properties can only offset passive income unless you qualify as a real estate professional.
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6 October 2024 | 9 replies
I filed a claim for loss of rents.