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16 October 2024 | 9 replies
I agree that happier tenants and less stress would be great benefits.
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18 October 2024 | 11 replies
Hey David, For your lake house, implementing a 7-day minimum could work well, especially if you aim to take advantage of the short-term rental tax benefits, such as the "short-term rental loophole."
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16 October 2024 | 13 replies
@David N.there are some lenders that can go to 90% ltv on vacation home purchase ( .....benefit on rental prop purchase is that you can use a portion of the new property rental income to help with qualifying if needed ...pricing is similar for 2nd homes and rental properties
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20 October 2024 | 8 replies
Highlight the benefits of conventional financing or cash offers, and ensure that the cesspool is properly disclosed.### 2.
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15 October 2024 | 6 replies
Granted it does not always have the greatest benefits but based on your situation I believe doing that is better than the liquor license issue.
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14 October 2024 | 4 replies
Is there even any benefit to that if all the activity is line 2 rental re income/loss on the K-1?
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17 October 2024 | 4 replies
In situations where the county tax assessor’s land value is excessive, considering other options can yield significant permanent tax benefits that can be further enhanced by a cost segregation study.If you'd like to discuss this topic further, feel free to comment or DM.
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15 October 2024 | 3 replies
So, while it might feel tough in the short term, these reforms will ultimately benefit property owners for the long haul.
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16 October 2024 | 5 replies
The sooner you invest, the more time you have to benefit from compounding returns and property appreciation.Key Lesson #2: Leverage Financing Wisely Using my VA loan was one of the best financial decisions I made, but I didn’t fully understand the power of leveraging financing at first.
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14 October 2024 | 24 replies
I have a small real estate portfolio and a long investing horizon as I'm in my early 30s.Thoughts on why to stop 401k:- no match benefit- returns are very low avg. annual ~5.5% last 3 years net of fees- can only borrow up to 50k from 401k - limited access to capital until retirement age Thoughts on why it could be good to invest in ETFs or general securities example instead(SPY) :- higher returns 9% avg annual last 3 years net of fees - access to capital - securities backed line of credit (could be used as another form of liquidity to continue purchasing real estate) - long-term mitigated tax liability - if you never sell the underlying securities and instead use the line of credit as a form of liquidity to purchase assetsIt seems like this could be a long-term strategy with limited tax liability.