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27 September 2024 | 44 replies
Originally posted by @Bradley Sriro:Does anyone else see a problem with being requested to pay for a consultation in advance?
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27 September 2024 | 8 replies
Since your last residency was in 2020, you do not meet this requirement, so the exclusion likely won’t apply.You'll need to calculate the capital gains based on the difference between the sale price and your adjusted cost basis (original purchase price plus improvements and less depreciation taken).
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30 September 2024 | 24 replies
The other looks like the original tile, thrown in bath and Home Depot vanity.
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25 September 2024 | 9 replies
One accountant said it’s not subject to self employment tax since it’s considered passive (but origination fees and other loan income fees are subject to it.
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25 September 2024 | 7 replies
If they wanted to pay for the updates and agreed to restore the property to its original condition (if you wanted them to) after they left, you would need to allow it.
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25 September 2024 | 17 replies
Originally posted by @Sandra PIrtle:DocumentaryWatch the video.
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26 September 2024 | 1 reply
Through an established network, I hope to facilitate connections between buyers and key professionals such as lenders, tax advisors, attorneys, property managers, and contractors, ensuring a smooth and successful investment process to the best of my ability.If you're active in the Raleigh area or surrounding regions, I’d love to connect, learn from your experiences, and explore ways we might collaborate in the future.A bit about me if you're interested -Originally from Cleveland, OH with an established career in Casino Marketing.
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26 September 2024 | 7 replies
That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.
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30 September 2024 | 25 replies
Rare anyone redeems 100K house, but I can almost guarantee if you rehab it before the two years is up, someone will show up, redeem and you just remodeled their home for FREE.As far as hard money loans go typically around Houston you'll pay 2% origination fee and probably 12-14% interest for six months.
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27 September 2024 | 10 replies
CA allows multi bene loans but they must be originated by a CA RE broker.