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3 September 2024 | 10 replies
Also, what are some of the most valuable factors you look for when find the best option to hire?
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4 September 2024 | 0 replies
And hey, don't forget the icing on the cake—provide valuable content alongside your investment offerings.
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3 September 2024 | 0 replies
There are some key limitations that are important:Passive losses can only offset passive income.Up to $25,000 in passive rental losses may be deducted against non-passive income if the investor actively participates and their modified adjusted gross income is below $100,000.Unused passive losses are carried forward to future tax years.Here’s an IRS article that further discusses the rules: https://www.irs.gov/publications/p9251031 ExchangesThis strategy allows investors to defer capital gains tax when they sell a property if they invest the sale proceeds into a “like-kind” property.
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4 September 2024 | 8 replies
Thanks again for your feedback, super valuable!
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2 September 2024 | 7 replies
Secured Debt: The land contract provides the seller with a secured debt, which can be a valuable asset.Risks for Sellers: Lack of Payment: If the buyer fails to make payments, the seller may face delays in recovering the property.
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4 September 2024 | 3 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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5 September 2024 | 14 replies
It the first thing that you do is raise rents and the second is deny small requests than you are going to have to learn valuable lessons about tenant retention.
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1 September 2024 | 5 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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5 September 2024 | 9 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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4 September 2024 | 6 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.