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29 September 2016 | 3 replies
Fluctuation, zoning, REzoning, demand, topographical data, etc...To give you simple examples as to how big of a spread between one deed transfer and the next; I have seen land that was bought for 1.25M only to be resold for 80K, a multiparcel that previous owner bought for 500K resold for 5K, etc...Bottom line, in REI land is by far the most rewarding yet the most devastating of investments; and, since you're new to real estate, I think it's best to read about it and do extensive research first and foremost.
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10 October 2016 | 21 replies
I am currently in the process of filing my 2015 tax return (extension) where I can remove those expenses to increase that year's self-employment income, but that income would be taxed at the 28% bracket so not sure if it's worth it.
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29 September 2016 | 3 replies
It is very important to file an extension by the March 15 or April 15 deadline, depending on whether you are a business or individual, because not filing an extension will result in a 5% per month for failure to file penalty, but it is equally important not to file a full tax return if your exchange is not completed by the applicable filing dates referenced above.
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1 October 2016 | 11 replies
We have discussed Airbnb but not have researched it extensively in regards to where that's working besides the attractions here.
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1 October 2016 | 12 replies
A little bit about myself...I was born and raised in Westchester, NY (about 45 minutes north of Manhattan) and currently have a career in Interior Design & Textile Sales, with an extensive background in residential design & construction.
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30 September 2016 | 15 replies
The HML lenders add on increasing costs for any extensions because the most money for them is typically made on the points charged on origination.
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10 October 2016 | 13 replies
It does not require a consultant and will be a faster process so you shouldn't have to pay extension fees.
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5 October 2016 | 30 replies
Thanks for the extensive and comprehensive list
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6 October 2016 | 33 replies
However, this only occurs when the buyer has extensive real estate knowledge, extensive experience, and a large network of FIRST tier contacts.
14 October 2016 | 23 replies
On a spreadsheet it's usually cheaper to go via hard money lender, if you can avoid their extension fees.