5 July 2024 | 3 replies
Consult with a tax advisor for specific advice.Transition to Primary ResidenceLease Agreements: When renting out the property, consider the timing of lease agreements to align with your future move-in plans.
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5 July 2024 | 19 replies
Disclosing something like this aligns expectations.
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7 July 2024 | 89 replies
They’re meant to point people to markets that may align with their strategy.
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3 July 2024 | 14 replies
Thanks for the inquiryalso yes you are to maintain the property but also cosmetic components are not an absolute requirement to get fixed
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6 July 2024 | 25 replies
The moral hazard is that the owner’s and the manager’s interests are not always aligned.
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3 July 2024 | 4 replies
Conduct thorough due diligence, including property inspections and financial analysis, to ensure it aligns with your investment goals.Property Management: Since you'll be living in one unit and renting out the other, familiarize yourself with basic property management practices.
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3 July 2024 | 0 replies
Factor in property taxes, insurance costs, and maintenance expenditures to ensure your investment aligns with your financial goals.Take Advantage of Financing Options: Explore FHA loans for owner-occupied properties or conventional financing options tailored to multifamily investments.
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5 July 2024 | 11 replies
I would first start looking at the various strategies for saving massively on tax, mainly the short term rental loophole and real estate professional status and then decide if these strategies align with your goals.
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3 July 2024 | 6 replies
Hey Joey, Here is my understanding of the subject:Key Components of a "Subject To" Offer:Clear Identification of Conditions: Clearly state the conditions ("subjects") that must be satisfied for the offer to be binding.
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30 June 2024 | 1 reply
Mortgage brokers are probably the most critical and least celebrated component to any RE transaction utilizing third party financing.