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9 January 2025 | 2 replies
You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings.
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1 February 2025 | 16 replies
Taxes are the $100, so about $290 a month expenses. $110 a month in cashflow.
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21 January 2025 | 9 replies
Either way, with rent and price appreciation, tax benefits, holding long term is a net worth exploder.
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16 January 2025 | 1 reply
Payments $492 (interest, tax, insurance) currently owe $51K.
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5 January 2025 | 3 replies
To make things as easy as possible, I send a monthly Zelle request about a week before the rent is due.
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28 December 2024 | 11 replies
Also assessment never picked up those multiple sales and the parcel was being taxed at 8 acres.
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7 January 2025 | 0 replies
Did you have taxable income that could’ve been reduced utilizing tax strategies?
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31 January 2025 | 22 replies
I would do you due diligence but I have seen others use it to purchase non -owner occupied properties.
31 December 2024 | 15 replies
. $500,000 was tax free due to being married.
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15 January 2025 | 15 replies
This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.