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13 January 2025 | 6 replies
Real estate investment can be incredibly rewarding, between the cashflow, appreciation, and tax benefits, it truly is the greatest wealth creation tool.
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8 January 2025 | 11 replies
@Eddie Lozada what did you go with finally?
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15 January 2025 | 29 replies
Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.
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10 January 2025 | 11 replies
It's tricky because we are doing the pre-lease inventory of the premises during *my* purchase final walkthrough lol.
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16 January 2025 | 4 replies
If you are going to sell then you must understand the tax implications.
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19 January 2025 | 27 replies
I give them a deadline to respond, very clear terms of how we will move forward with the option they choose, and I make it clear this is my final offer.
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12 January 2025 | 7 replies
You must have the Business tax license & pay all the fees required.
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13 January 2025 | 1 reply
I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.
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9 January 2025 | 32 replies
At a 37% tax rate, this creates around $117k in tax savings, reducing your taxable income from $700k to $583k.2.
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15 January 2025 | 6 replies
If you're new to investing, keeping an eye on property taxes and HOA fees in this area is also key.