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31 January 2025 | 7 replies
Unless you qualify as a Real Estate Professional (which has strict requirements), your rental losses can only offset passive income.
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12 January 2025 | 23 replies
Regarding leverage - use it carefully!
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9 January 2025 | 20 replies
I DO NOT care whether he drives a Toyota himself.
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15 January 2025 | 5 replies
While it is possible to convert an investment property acquired through a 1031 exchange into a primary residence, this requires careful planning.
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28 January 2025 | 20 replies
Here is an example of what it costs you to avoid professional advice.
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29 January 2025 | 10 replies
Further, people committing to a rental for 6 months or more tend to treat the furnishings with much more care than the 30 day stay tenant.Â
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14 January 2025 | 2 replies
In neighborhood it is very important to present your self to the home owner next to you, this helps a lot to prevent misunderstandings. also this shows your professionalism.
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31 January 2025 | 7 replies
The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.
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11 January 2025 | 7 replies
My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.
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28 January 2025 | 3 replies
See my video on this for more info.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?