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12 September 2024 | 1 reply
In a 1031 exchange you pay no current taxes on those gains.
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9 September 2024 | 2 replies
However, I don't see them getting a lot of traction if they have no photos unless they have other properties they can at least reference.
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11 September 2024 | 1 reply
Since it has been your homestead, you can sell the property, pocket the gain without paying capital gains.
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16 September 2024 | 43 replies
I've received different advice - on one extreme is sell off all your rentals, take the cash and take the capital gains tax hit and invest in stocks/index funds (not from a RE investor, from people I know who are horrified that I have more than one mortgage), which I won't do.
14 September 2024 | 12 replies
Once you’ve gained confidence, expanding into out-of-state markets becomes easier.2.
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13 September 2024 | 61 replies
Why don't we use the $ already going out the door to pay people to CONTRIBUTE and gain skills vs sit around and "human-cat" all day??????
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12 September 2024 | 13 replies
I guess I really just want to gain experience so I can provide value to others in the industry.
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12 September 2024 | 15 replies
Also, build relationships with local suppliers to negotiate bulk rates, and stay hands-on during rehabs to gain valuable experience.
10 September 2024 | 7 replies
Even though I’m essentially paying for repairs out of pocket the equity gain may outweigh the cash flow alternative.
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11 September 2024 | 3 replies
Ultimately, stay focused on your long-term goals and remain committed to your investment strategy rather than chasing quick gains.