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10 October 2024 | 2 replies
You may already have though about these aspects, but from personal experiecne, here are my 2 cents..Maximize Tax Benefits: One of the major perks of house hacking is the tax advantages.
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10 October 2024 | 19 replies
I'll look over the contract and what the fine print is here.This entire first journey of looking at real estate has been stressful from afar, and this deal sounds like it has a few of the crazier aspects of real estate (and I'm sure there's even more)Why the listing agent put tenants in, I have no idea.
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12 October 2024 | 54 replies
BP staff confirmed it was a heavy swing, not even considering the whole hurricane aspect.
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9 October 2024 | 1 reply
Maintain transparency by clearly outlining loan terms, interest rates, and repayment schedules, and ensure consistent communication throughout the lending process.
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10 October 2024 | 2 replies
Finding quality tenants is crucial for generating consistent rental income.
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11 October 2024 | 4 replies
So, it sounds like there is a lack of clarity about the renewal which may not apply but keep this in mind with all other aspects of leasing and any verbiage you add to a lease. 5.
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9 October 2024 | 1 reply
We have a lack of whole sellers in BCS, so if you can find away to get a consistent flow of off market properties, there is money to be made in it.
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9 October 2024 | 3 replies
You could consider house hacking to reduce out of pocket expenses.It’s definitely an appreciation play not a cash flow play but with the federal government here appreciation is consistent - you won’t get super high appreciation like some places but also don’t get high depreciation as well.
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10 October 2024 | 8 replies
They work on our accounting/bookkeeping/reporting/administrative aspects of our rental portfolio.
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14 October 2024 | 37 replies
While they tend to offer lower returns than stocks or real estate, they provide stability and consistent income.Another potential avenue is health savings accounts (HSAs), which offer a triple tax benefit—contributions are tax-deductible, earnings grow tax-free, and withdrawals are tax-free if used for qualified medical expenses.