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18 November 2024 | 1 reply
It allows you to stay organized and be steps ahead of where you would be without a system like this.
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21 November 2024 | 1 reply
If a major expense comes about (i.e. roofing repair, hvac, etc) we would split that as well.
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19 November 2024 | 4 replies
Or maybe they are not even interested in new businesses, since both of them have jobs lined up months ahead.
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13 November 2024 | 1 reply
Considering the high deductible on House B, I am only filing a claim for House A, and coming out of pocket for the cost of repairing or replacing the roof for House B.
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15 November 2024 | 5 replies
Quote from @Michael Belz: Now, I have two options: I could fix and flip it with an estimated $200K rehab for an ARV (After Repair Value) of $825K, having purchased it for $465K.
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20 November 2024 | 14 replies
If selling is on the table, a 1031 exchange could allow you to defer taxes and reinvest in properties with better cash flow or lower maintenance needs.Since repairs are mostly handled, it might be worth reviewing your rents to see if there’s room to increases/ways to improve cash flow.
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13 November 2024 | 2 replies
If I don't make the repairs to the MH I won't be able to rent it at all.
13 November 2024 | 8 replies
Whereas habitability issues, like structural repairs, may.
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16 November 2024 | 6 replies
If I purchase a duplex and live in one side and decide to renovate the side I’m living in. Can I write off/ deduct my expenses for the renovation?I would be doing this to be able to rent it out in the future at a high...
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20 November 2024 | 10 replies
Are you certain the after repair value will justify this $40,000 budget?