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10 January 2025 | 67 replies
@Leon G. whether or not you decide to go fsbo or use a realtor you'll need to use a QI to perform the 1031 exchange for you if you want to tax on the gain from your sale (and depreciation recapture).
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5 January 2025 | 33 replies
Trying to start on the next deal with about $20k from the sale.
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30 January 2025 | 62 replies
Billions in sales tax and other taxes sucked directly out of the economy.
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27 December 2024 | 8 replies
I bought an LG TV a few weeks ago, was on the LG site, asked a question on the chat, and they offered 20% off without even asking (on top of the sales price).
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21 December 2024 | 20 replies
You have the flexibility to show your own units and manage turnovers, etc.I see a couple of nice multi-family properties in your area for sale.
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5 January 2025 | 17 replies
That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit.
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27 December 2024 | 7 replies
This is due to the fact that the property appraiser is reassessing the value after the sale of the property.
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19 December 2024 | 2 replies
The seller is not very tech savvy and is going through some life issues so he isn't being very helpful in this.
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9 January 2025 | 32 replies
Keep in mind that accelerated depreciation increases recapture tax (taxed at up to 25%) upon sale, though this can be deferred with a 1031 exchange.
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27 December 2024 | 4 replies
For example, one exemption is tied to your total revenue which is $5M in gross sales or receipts in a calendar year.