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3 October 2024 | 11 replies
@Jimmy Leaton If you can rent out your primary home and it can be cashflow positive to help with upkeep from maintenance, repairs, and any bits of vacancy then it's worth exploring more.
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7 October 2024 | 20 replies
Prior-year losses can’t offset W-2 income but can be used for capital gains or future rental income.For audit risk, high earners using REPS face increased scrutiny, so be prepared with detailed records.For material participation, keep a time log with tasks, dates, and hours spent on rental activities like tenant management, repairs, and bookkeeping.
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3 October 2024 | 3 replies
Shouldn't be an issue in most big cities having a list of cash buyers that are just dreaming you will bring them a 70%-repair deals.
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2 October 2024 | 2 replies
How do they handle emergency repairs?
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4 October 2024 | 6 replies
@Andrew Gheen Sounds like you have more experience than the average guy at repairing/renovating a property.
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3 October 2024 | 0 replies
Teaching personal finance, woodshop, home repair, car repair (the mechanical part) and cooking should be required at every high school.
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2 October 2024 | 2 replies
They were extremely fast to get the pictures and whatever was needed to get the house started to repair.
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2 October 2024 | 1 reply
I understand I could buy a multi door property , I didnot want to deal with rehab/ repairs nor do I have the experience at this point How did you finance this deal?
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1 October 2024 | 4 replies
I expect to have about $10,000 in repairs on the high side.