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4 January 2025 | 20 replies
.* Additional Charges: Jenny requested that I deposit on her checking account an additional $20-25k for her to purchase furniture, which I refused because I thought it was very strange, opting to give my card # instead.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.
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18 January 2025 | 36 replies
If any damage arises from her negligence she will be getting the bills for damages, plus costs of collecting which you bill as well as your attorney in addition to the termination of her lease.
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6 January 2025 | 2 replies
I'm unsure if you would be able to combine both loans given that the HELOC is tied to a different property than the one you got traditional financing on.A work around is if you are able to purchase the new property with the HELOC at a significant enough discount, bring the property value up via renovations or additions, then refinance the property, pulling out enough money to repay the HELOC.
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8 January 2025 | 6 replies
In addition to other tax strategies like a cost segregation study on the fully rented out house.
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15 January 2025 | 12 replies
Additionally, the Kiavi portal is poorly designed.
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4 January 2025 | 67 replies
Thank you for taking the time to share your valuable knowledge and experience
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10 January 2025 | 14 replies
I'm an agent in addition to being an investor.
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8 January 2025 | 13 replies
Pay attention to the duration.DM me if you want additional thoughts.Jeff
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10 January 2025 | 28 replies
In addition your 17 so I am assuming your still at home.
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3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.