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4 February 2025 | 9 replies
Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties.
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6 February 2025 | 9 replies
Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different.
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5 February 2025 | 8 replies
Will start to investigate those areas more I’m also interested in looking into areas like Sharjah and Ajman.
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5 February 2025 | 0 replies
-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband.
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10 February 2025 | 1 reply
Renovations that truly add value-like modern kitchens, open floor plans, and energy-efficient upgrades are making the difference in selling faster and at top dollar.Financing & Interest Rates: The higher cost of borrowing has made tight budgeting more important than ever.
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20 February 2025 | 7 replies
can handle the PM but you have to work together and run it like a business.
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5 February 2025 | 4 replies
So it looks like you would need around 4-5 years to get to break even by selling those stocks and paying the tax now.
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13 February 2025 | 6 replies
For context, this would be for a property I already own.I understand this may be a bit unconventional and people will likely recommend I get a proper quote and have the contractor do a full walkthrough.
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5 February 2025 | 5 replies
You likely only made a down payment of 3-20% ....but you still get to write it off on the full value across 27.5 years.So 400k/27.5 = 14,000 ish a year of a write off where during the year you didn't need to incur an actual expense, no cash outflow.
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12 February 2025 | 5 replies
I forget It was likely a mix of private and traditional loans I just don't recall to be honest nothing illegal.