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20 January 2025 | 5 replies
Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.
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20 January 2025 | 6 replies
Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.
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19 January 2025 | 354 replies
I am speculating but I am curious if telling investors to wait a few years is to hope to avoid any investors from filing a lawsuit?
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20 January 2025 | 5 replies
No personal income or tax returns are required.
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16 January 2025 | 1 reply
Follow your state regulations on notices but do everything you can to avoid an eviction.
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20 January 2025 | 3 replies
Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that?
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28 January 2025 | 6 replies
If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.
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2 March 2025 | 20 replies
Current rent…,,,,Alternate rent……..If you bought monthly PI, ins, prop tax, maintenance, etc………Your cashflow available on top of your current rent.
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12 January 2025 | 6 replies
After closing, when the property taxes were due I never received any bill.
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18 January 2025 | 3 replies
I think people were/are just trying to avoid agreeable gray.