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6 October 2024 | 7 replies
Tell them they can break the lease (sounds like it is medium term lease) without penalty.
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8 October 2024 | 36 replies
John, I am transferring over for tax break purposes as I plan to sell this property that has over 250k in equity, can you elaborate on your preferred reasoning behind keeping it on your personal name?
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4 October 2024 | 2 replies
Speaking of which, I'm gonna be putting together a Women's Speed Networking Meetup on Tuesday during one of the breaks.
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8 October 2024 | 36 replies
I see a lot of people singing the praises of the Midwest markets for good returns but just tonight there was a post about one investor who was three years in and waiting to break even.
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5 October 2024 | 15 replies
If you can't get tax docs, at least get the excel statement which will break everything out (nightly rev, cleaning fee, taxes, host fee, etc).
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4 October 2024 | 27 replies
Hey Cameron,Sorry for the delay, in math terms 6% is 1.5 times 4%.However, for tax purposes it is not that simple, for your primary residence you get a lot of tax breaks such as not paying for schools, and an exemption of the first x $'s etc.
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3 October 2024 | 1 reply
Can I even break even if Summer rental season is a max of five months, and more likely three?
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3 October 2024 | 29 replies
Building relationships and learning from others can help avoid costly mistakes and ensure the property will cash flow or break even in worst-case scenarios.Good luck!
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6 October 2024 | 26 replies
However, unlike some I do need the place to break even.
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3 October 2024 | 1 reply
He wasn't giving into the state and local governments mandate for employees to be forced to wear masks, get vaccines, etc and he started getting "threats" saying that he could be taken to court and have assets seized if he continues "breaking the emergency laws" during covid time.That could be viewed as an extreme example, but things like this worry me as I have my own company and employees.