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29 July 2024 | 2 replies
What are the considerations as the seller do I need to be aware of?
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29 July 2024 | 9 replies
Has anyone had experience with either option and can share insights on rental yields, appreciation, management challenges, or any other considerations I might be missing?
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29 July 2024 | 19 replies
Most people who have funds to lend also have considerably more than they will disclose when they do their first deal with you.
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28 July 2024 | 3 replies
@Joe CarpAs mentioned you will need to find a loan that does not take into consideration income.
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31 July 2024 | 46 replies
Should have pulled trigger two years ago!
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29 July 2024 | 13 replies
Only a sale will trigger the tax.However there are a couple issues here.1.
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28 July 2024 | 17 replies
I had a gun pulled on me doing that, but we sorted it out before he pulled the trigger. ;-)
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27 July 2024 | 5 replies
Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).
27 July 2024 | 2 replies
Consult a CPA and your mortgage lender.Here are some generic considerations from chatgpt just to save me some typing.Valuation of Assets: Start by getting a professional valuation of the real estate properties and the LLC itself.
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26 July 2024 | 5 replies
Knowing that this can trigger due on sale, would it still be advisable to the the Wrap?