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19 February 2025 | 11 replies
Her lawyer will try to claim some of that pie, so be prepared.
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27 January 2025 | 6 replies
For a rental property, the gain is subject to capital gains tax (15-20%) and depreciation recapture tax (up to 25%) on any depreciation claimed, unless the proceeds are reinvested.To minimize taxes, consider reinvesting the sale and insurance proceeds into another property under §1033 or converting the property to a rental before selling to claim depreciation deductions.This post does not create a CPA-Client relationship.
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10 February 2025 | 24 replies
Cameron Dunlap claims to have studied with Carlton Sheets and claims to be offering transactional funding for wholesale deals.
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28 January 2025 | 5 replies
They claim that their clients are seeing a large return on their investment but would love to hear from somoene who has actually worked with them.
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18 February 2025 | 148 replies
Sure, I invested 5K into the Radd Reit, They claimed that the share price would be adjusted semi annually.
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6 February 2025 | 28 replies
The city is claiming my 4 unit is really a 3 unit.
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15 February 2025 | 21 replies
Some people think it's easy and claim it only takes them a couple of hours a week, some people wouldn't touch it with a 6-ft pole.)Now let's look at the acquisition cost or capital cost: if you buy the $500k house with a mortgage with a 20% down payment, your monthly payment will be about $2700.
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26 January 2025 | 5 replies
If not, I most definitely would reach out to the tenant, introduce myself and ask if they are going to be out by the 31st or the 1st, I would communicate to the tenant as if I know they were told they are expected to leave, otherwise you may find they "do not know" they need to leave even if they actually know they need to leave....In the case they claim they are not aware they need to leave, you would need to follow the laws in the state you purchased the property, usually you can find that info on the states judicial branch or speak with a landlord tenant attorney.
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18 February 2025 | 8 replies
If you quit claim into your name it will still be reported on your joint tax return.
8 February 2025 | 89 replies
This doe t mean that the poster is someone in cohorts or a “supporter” of the person, business or methodology you claim defrauded you.Based on my posts in the other thread on the same topic, I have been receiving emails providing additional information purported to show proof of fraud, though I have NO WAY of verifying it.