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22 March 2024 | 7 replies
Maybe something that appreciates 10% naturally year over year?
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20 March 2024 | 4 replies
If you're willing to bend your timeline a little to give yourself the best shot at qualifying for 1031 exchanges and being super tax efficient with your properties, you could try doing the following: - Hold each successive property for at least 12 months before selling - make sure that you acquire property in one tax year and then don't sell that same property until the following tax yearI want to stress that you do not automatically lose out on 1031 treatment by not taking these steps, and similarly you don't automatically qualify for 1031 treatment by simply taking these steps.
25 March 2024 | 214 replies
It will likely continue in its natural trend without the ruling.
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21 March 2024 | 0 replies
People are no longer bound to long-term leases or the impersonal nature of short-term stays.
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20 March 2024 | 4 replies
If you are repairing your own property that is an increase in the basis of the property, which will result in better tax treatment when you sell.
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20 March 2024 | 6 replies
And inventory does not qualify for 1031 treatment.
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21 March 2024 | 7 replies
Not being there and knowing the local market, I still think there may be an option to hold that house and deal with the negative CF for a year or two....allowing the natural market equity increase to catch up.
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20 March 2024 | 19 replies
If the trip is primarily personal in nature, the traveling expenses to and from the destination are not deductible even though the taxpayer engages in business activities while at such destination.
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20 March 2024 | 1 reply
I'm and CA girl who's now in PA... loving nature and excited to expand my contact list and grow my Company portfolio!
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20 March 2024 | 4 replies
I would ask if it is natural gas or propane.