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20 November 2024 | 2 replies
It’s a neighborhood that’s gaining momentum as more investors discover it.Key ROI Factors:Low entry prices compared to other urban neighborhoods.High appreciation rates as demand spills over from nearby areas like Berry Hill and Wedgewood-Houston.Pro Tip: Look for 1950s ranch-style homes with potential for open-concept layouts.4.
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19 November 2024 | 7 replies
Or the market goes crazy and the property value goes way up but she says she gets all the gained equity because she's been paying the whole mortgage all this time and she's dating a lawyer now who is on her side...
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17 November 2024 | 0 replies
2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?
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19 November 2024 | 5 replies
This allows you to invest in real estate without triggering the 10% early withdrawal penalty or income taxes, and the gains can grow tax-deferred (or tax-free in a Roth IRA).
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20 November 2024 | 15 replies
Like aircraft checklists and vehicle operators manuals (the -10s), one can benefit from extensive research, trial and error, and deliberate improvement principles gained by the many that have gone the path before.
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19 November 2024 | 23 replies
Quote from @Wendy Zost: Quote from @Keri Win: I will be renting 4b2.5b home in the suburbs of Ga in the next few months.
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19 November 2024 | 5 replies
@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.
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16 November 2024 | 6 replies
B) Worst case is I sell my current home, move into the foreclosure, live in it for 2 years, and then resell without the capital gains tax hit.
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17 November 2024 | 5 replies
This is like when a seller says they don't want to pay capital gains so they want 200k on the contract and 200k in a bag.
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20 November 2024 | 37 replies
Plus to realize that appreciation it costs you money to sell, refinance, and potentially pay taxes on the gain.