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28 August 2024 | 6 replies
When did you enter, what type of property, what is the goal, where would you place the gains, what are taxable events associated with the exit, and more.
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29 August 2024 | 6 replies
Does anyone have advice regarding doing a 1031 exchange, where the goal is to take title back as an individual and dissolve the LLC that the relinquished property was held in (without triggering a taxable event)?
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30 August 2024 | 17 replies
A deposit on cheaper ones...I've beeN an Airbnb and HomeAway host on numerous properties for the past 6 years.
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29 August 2024 | 5 replies
Unlike holding real estate, where you can take advantage of depreciation to lower your taxable income, fix and flips don't offer those same tax perks.
30 August 2024 | 70 replies
I treated there education like college, and it was cheaper than community college lol!
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31 August 2024 | 22 replies
I should add so many agents here, are gonna tell you this ******** about renting being a waste, but it’s literally cheaper by in some cases thousands a month when factoring in repairs, you can put excess savings into index funds etc. every single friend I have all of whom are pretty fiscally savvy have made the same calculation, I even have a good friend who is trying to sell his condo to rent because his monthly expenses will decrease when he sells his condo & he can be in a better area.
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28 August 2024 | 31 replies
I’ve done both but A is much much easier and cheaper.
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29 August 2024 | 43 replies
There are a lot of active rentals on the market and some are better and cheaper than mine even though I think my rent is below market value.
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29 August 2024 | 4 replies
My market is strong with little inventory and increasing rent rates.In my market, the monthly rent payment on a 3bed/2bath is about 40% cheaper than the monthly mortgage.
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1 September 2024 | 79 replies
Even though HML rates are steep, when you do the math they are almost always cheaper than a 50/50 split.