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21 January 2025 | 14 replies
I truly think I only need 4 more houses to hit my goal and then shift from buying to paying them off.I am not sure if I am thinking about this the right way and I am sure there are things I am not thinking about but below are my thoughts:Pros - I can purchase the houses I need to hit my goal faster - With getting homes fasters the depreciation, tax benefits, amortization, appreciation, rent increases all start sooner - Home prices on average should be lower now then if I buy in 4-5 years - I can take better advantage of leverageCons - I have more risk until I pay the properties off - Less upfront cashflow - Longer timeframe to acquire the properties to reach my goalIf anyone has any opinions or advice I'd love to hear it.
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23 January 2025 | 6 replies
I’m sure you won’t be verbally assaulted about how greedy you are Basically they were gifted $60-$120k tax free.
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17 January 2025 | 6 replies
Keep in mind that you get to depreciate these appliances on your taxes.
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5 January 2025 | 7 replies
How bad is the insurance, how high are the property taxes, is there an Hoa, etc etc.
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9 January 2025 | 30 replies
I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.
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30 January 2025 | 19 replies
Salaries, compensation, rent, taxes, utilities, fees, MLS, etc.The flat fee model is a recipe for disaster."
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19 February 2025 | 42 replies
the company is Tax Auction Investors and seminar solutions...i think from my research on videos etc that was or is thecompany they started as thier education company
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8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
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6 January 2025 | 4 replies
However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”
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23 January 2025 | 6 replies
Some thoughts to consider:If you sell now, you are unlikely to pay capital gains taxes as your first 250k (500k if married and filling jointly) aren't reported.Doing your first rental remotely is undesirable without 1.)