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25 October 2021 | 1 reply
There is a "SE CT Real Estate Investors Group" we have a FB group and we also have an email list.
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19 September 2022 | 9 replies
Look for multifamily, because condos, like co-ops, usually impose a "flip tax" (not really a tax per se; it goes to the building reserves).
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30 November 2022 | 9 replies
There are a tone of people on BP from SE Wisconsin.
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23 November 2022 | 29 replies
I am not accusing this author of it per se, but why is it often the case that someone comes in with no previous content and no picture making that kind of statement?
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2 December 2022 | 16 replies
Ashley,Do not forget to look into other loan programs as well where SE seasonig is not a factor, You have the DSCR program, Bank Statment program, and No Ratio programs.
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5 December 2022 | 11 replies
Also, you may have to pay self-employment tax on your rental income using Schedule SE (Form 1040), Self-Employment Tax.
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28 November 2022 | 15 replies
@Lin Ding you mentioned that you plan to refi in the future...the problem is, nobody knows when (or if) rates will go down (and in fact, they might be elevated for a long time). ...the last time we had inflation this bad (late 70s/early 80s), rates rose and didn't come back down for a fairly long time (years) --here's a graph of mortgage rates going back to the 70s: https://fred.stlouisfed.org/se...I think all buyers these days need to be able to live with the property indefinitely at the rate they're buying it at right now. ...If a property doesn't pencil out at the rate it's being bought at, then it probably doesn't pencil out, period.
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30 November 2022 | 8 replies
(Per se, 12 years after graduation now, I still have not paid of my over $100,000 in business school loans.
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9 January 2023 | 11 replies
Passive activity loss (PAL) restrictions are not for bonus depreciation per se, but for an overall loss that is a result of subtracting ALL expenses, including depreciation, from rental income.
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5 January 2023 | 43 replies
I wish it were in SE TN.