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29 October 2024 | 131 replies
I am going to have to wait but I’m eager to get started with the specialized knowledge I’ve gained.
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14 October 2024 | 3 replies
FL appreciation - property is still fairly newish and don't want to miss out on potentially solid capital appreciation in next 5-10 years - assuming that happens-Other caveat is ability to sell in coming few months without paying any capital gains taxes, which will not always be the caseThere is no crystal ball, Appreciation is/was the goal but who knows if that will happen and at what rate realistically with increasing costs of ownership here.
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16 October 2024 | 4 replies
We have a PMI of $250 a month and I’d love to get rid of it.I contacted the bank for a request for PMI to be lifted and they denied it.They said I could order an assessment of the house through them and then if house / condo come up with enough gained equity then it might be possible .Does anyone know the best first initial steps to order a home assessment ?
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18 October 2024 | 25 replies
And those deals turned out to be huge equity gains 10 years later for sure.
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17 October 2024 | 12 replies
Mine is heavier towards real estate due to gains of the past few years.
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16 October 2024 | 6 replies
The good news is that in these types of cities, there are significantly more properties for sale (albeit at lower price points), and you can gain traction with a few houses per month more easily than in tougher markets like Tampa or Dallas, for example.
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15 October 2024 | 2 replies
Sell home: ideally avoiding capital gains tax by living there for 2 of the last 5 years2.
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13 October 2024 | 8 replies
You'll pay capital gains tax on the gain on the sale.
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14 October 2024 | 9 replies
However, we're unable to gain access because they lack a local team.Poplar, if you are seeing this message, please address the situation in Columbus, Ohio.
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13 October 2024 | 11 replies
The $80k of depreciation recapture will be taxed at 25%, and the remaining $75k capital gain will be taxed at the capital gains rate (likely 15-20%).