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26 September 2024 | 1 reply
Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.
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1 October 2024 | 26 replies
Her choice.
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27 September 2024 | 0 replies
Cash buyers are stepping back, with a 14.8% decrease, but the 57.6% surge in inventory means buyers have more choices than ever.
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26 September 2024 | 8 replies
Well if its from a bank you do not have any choice.
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28 September 2024 | 12 replies
There used to be one, but normally people post questions in the larger groups and simply add the location (usually Canada or the province) to the heading.
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27 September 2024 | 1 reply
Thus, I have been looking into the apartment complex space and continue to educate myself in the event that opportunities continue to be brought to me.Sooo In digging into a number of courses my concern is this with the larger 10+ apartments and high numbers 1 million and up.
27 September 2024 | 6 replies
I'd suggest narrowing your choices down based on your long-term goals and what excites you most (sounds like hands on flipping).
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27 September 2024 | 22 replies
Larger homes provide more opportunity to make the home unique and capture larger families/groups to share the expenses of one home vs renting 2-3.
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29 September 2024 | 9 replies
😀But I have to get to it since the right choice here doesn't seem to be that obvious.
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27 September 2024 | 5 replies
Slightly larger if space provides is fine too, just dont go smaller.