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23 September 2024 | 14 replies
It applies to both W-2 income and other forms of active and passive income, meaning that the STR loophole allows you to leverage depreciation beyond just real estate activity.3.
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24 September 2024 | 1 reply
Since you are an active service member the IRS will allow you to have lived in the property for two out of the previous ten years of owning it. you'd just want to verify with your accountant that you qualify for these extensions.Since you converted the property to investment, you may also take advantage of doing a 1031 exchange when you sell.
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24 September 2024 | 3 replies
A few tips to build it faster:1) Attend local real estate meetups and networking events—Houston has an active investor community, and BiggerPockets is a great place to connect with others before meeting them in person.2) Join Facebook groups and other online forums for Houston real estate investors.
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24 September 2024 | 0 replies
This price growth is largely driven by continued low inventory levels, which have kept competition high among buyers, even as average days on market have increased to 36 days(Nest Realty)(Garretts Realty).In Southern Indiana, activity is up with new listings growing by 8.2%, though sales have seen slight declines.
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20 September 2024 | 1 reply
Meanwhile, the percentage of companies planning to downsize dropped to 37%, the lowest since 2021.Julie Whelan of CBRE noted positive net absorption for the first time since Q3 2022, signaling potential recovery.
24 September 2024 | 21 replies
We just saw few target properties go from active to contingent/pending status on MLS, it's hard to land on good cash-flow/turn-key property with low inventory nowadays.
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23 September 2024 | 3 replies
I'm super stoked that you posted on this because I am actively looking haha.Thanks!
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24 September 2024 | 12 replies
IE everything that at simpliest yellow sticky notes, to spread sheet can do but with automation and usefuylness for >>1000's of warm leads. 99% of investors don't have this 1000's of (active) leads problem.to have 1000 active leads you need 100 warm leads / mo that after 10 mo of adding 100/mo you have >1000 active leads.
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23 September 2024 | 19 replies
PAL - passive activity losses limitationsHere's the compromise our tax system created.
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27 September 2024 | 18 replies
I've sent an invite to Elliot but I don't how active he is in here.