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16 September 2024 | 7 replies
However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation).2.
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18 September 2024 | 20 replies
I already have discounts set up, even the 10% they request during certain periods.
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17 September 2024 | 6 replies
Banks offer better terms, such as lower rates and longer amortization periods when the property is in your name.
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15 September 2024 | 4 replies
Best case scenario, you can extend the timeline and close on it with a HML.
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16 September 2024 | 6 replies
I have found that when doing fix/flip, I like to use a lender who will do interest only for the period of the flip (usually 13 months or less) which is less interest that a HELOC.
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16 September 2024 | 3 replies
Some 401k plans allow you to payback loans or withdrawals in a certain period.
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17 September 2024 | 26 replies
And the SOLs are not consistent across the country, as each state has its own period.
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14 September 2024 | 12 replies
The fire codes are obviously different in our states but if I were to build a fire escape coming off the third floor It would need to extend 10 feet past those windows before descending if those windows aren’t fire rated.
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15 September 2024 | 7 replies
EARLY MOVE-OUTTenant will be liable for a reletting charge of $2363 (85% of the monthly rent) if Tenant: (A) fail to move in, or fail to give written move-out notice; (B) move out without paying rent in full for the entire Lease term or renewal period; (C) move out at Landlord’s demand because of Tenant’s default; or (D) are judicially evicted.