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11 November 2024 | 6 replies
Assignments or double closing?
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11 November 2024 | 5 replies
Hey @Karen SeguinI would double down on what Even Polaski said.
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11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
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12 November 2024 | 8 replies
A set of pictures usually resolves that issue.
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11 November 2024 | 12 replies
If everyone's house price doubles...my taxes don't double.
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16 November 2024 | 12 replies
Can you buy a double, triple or quad in the new market with that cash and down payment assistance and loan program so you can rent out the other units?
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11 November 2024 | 4 replies
The removal of the Taxable Value cap and the switch to Non-Homestead millage rates can double, even triple, the property taxes.
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12 November 2024 | 15 replies
We target young families with double income and kids that want to be in a better school district, which automatically puts us into suburbs outside of Milwaukee and MPS.
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13 November 2024 | 17 replies
I would be very careful with using 100% leverage in a deal.I had to do a double take.Thought that was me posting.