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2 May 2024 | 7 replies
The gravy for them would be level of finish and extra amenities but they aren't going to pay substantially more.
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3 May 2024 | 9 replies
They give you multiple-income streams that help protect you against the threat of vacancy and non-payment, and you can often substantially reduce your cost of living by purchasing as an owner-occupant and living in one of the units while you learn to become a landlord and property manager.
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30 April 2024 | 2 replies
On the intake path to a major freeway or highway.
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1 May 2024 | 4 replies
Do not provide substantial services 3. average stays of 7 days or less4. materially participate Primary Residence route:I presume that doing this route will:1) portray yourself less risky from a lender's perspective2) Less downpayment requirements.
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2 May 2024 | 9 replies
Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.
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8 May 2024 | 112 replies
This resulted in a substantial $2500 reduction in the sale price.In summary: The place I bought from Ohio Cashflow was an old, broken down home that required frequent repairs despite having "significant" improvements at the time of purchase.
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30 April 2024 | 6 replies
I have also never been in a position to have a substantially larger down payment in order to be considering a different REI strategy that house hacking.
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30 April 2024 | 4 replies
We have substantial closing costs on the sale, primarily transfer tax and realtors' commissions.
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30 April 2024 | 6 replies
A cash out refinance to buy more property would put a substantial dent in cash flow with current interest rates.
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1 May 2024 | 22 replies
You could buy 30+ cash flowing townhomes in this area of KC for that that will generate substantially more than what you are getting right now not to mention paying down debt on the new property and depreciating it to lower your tax basis.