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17 September 2024 | 68 replies
I'm so much happier now, earning more income and tax benefits, don't need to be involved in the properties, and have reduced my liability with an added layer that puts more distance between me and the tenants.
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15 September 2024 | 2 replies
Often it involves the auditor comparing your flagged tax return with the one before and the one after, three years side-by-side.
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13 September 2024 | 7 replies
,Transitioning multiple units from one property management company to another can seem overwhelming, but with the right process in place, it can be smooth for all parties involved—owners, tenants, and both PMCs.
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13 September 2024 | 23 replies
Have participated (currently still involved in them) in two real estate syndications.
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13 September 2024 | 6 replies
So I am weighing my options on whether to keep going with eviction by involving an attorney or there could be alternative work around.
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14 September 2024 | 10 replies
@Ben EinspahrHouse hacking in Denver metro areas involves lenders reporting rental income on Schedule E, accepting 75% of STR/MTR income from lease agreements or appraiser's estimates, and requiring additional proof via tax returns.
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10 September 2024 | 1 reply
.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).
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14 September 2024 | 11 replies
In every case that we have been involved in; the Tax Claim Bureau does a title/lien search to determine the distribution of excess funds.
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10 September 2024 | 13 replies
Depending on what your overall budget is and how much you want to be involved in the house, there are many areas of Orlando that would be a good fit.
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11 September 2024 | 3 replies
If they know and they are okay with that, that is one thing, if they don't know, that is very different and it requires a far different approach.Is the seller still involved?