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1 November 2024 | 3 replies
I aspire to connect with others and gain knowledge about the BRRRR strategy and multifamily investments.
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21 November 2024 | 305 replies
I'm still considering it so I've definitely gained a lot of information from this thread!
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1 November 2024 | 8 replies
I’m a hands on type of person so I will be focusing on properties in and around Tampa, Florida so that I can be up close and personal and learn as much as possible.I’m excited to be a member of this community and I look forward to exchanging ideas, strategies, and gaining knowledge from all of you as I dive deeper into this exciting world of investing.
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31 October 2024 | 8 replies
You get 500k of tax free gains on sale of primary home.
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1 November 2024 | 19 replies
You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future?
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5 November 2024 | 28 replies
If you’re targting properties in historic areas like Lincoln Park, be sure to budget for unexpected maintenance expenses, as older buildings often require more upkeep.Incorporating 1031 Exchange StrategiesIf you’re looking to scale your investment or defer capital gains from a previous property sale, consider utilizing a 1031 exchange.
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4 November 2024 | 17 replies
My partner and I debated entering this SEO program for about 6 months due mostly to the fact that in another business he runs he purchased SEO services as part of a total internet marketing program - spent $80,000 and said he do not gain a single client.
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1 November 2024 | 6 replies
If you want rental property, you could take that equity and buy several houses better suited to renting.Selling now makes sense because you can also avoid the capital gains tax because you lived in the property 2 of the last 5 years.
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1 November 2024 | 2 replies
But then wouldn’t I be losing all the gained equity in our primary home?
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1 November 2024 | 22 replies
Cost segregation is excellent for STRs because you can take it to offset the terrific gains on this type of property as well as off-setting it against W2 income if you are materially participating in its management.