16 December 2024 | 8 replies
It seems that investing in improvements while I still live in the home wouldn't be tax deductible.
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31 December 2024 | 13 replies
You will want to insure a number of things as an MTR landlord: your interest in the building itself (owner's policy), your contents (owner's policy), your interests if a renter or guest is hurt on-site (landlord policy), and possibly flood, wind, lost-income policies.
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13 December 2024 | 7 replies
Applicants have a prior eviction years due to unfortunate circumstance but good household income and noted they are in a better place financially.
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18 December 2024 | 15 replies
It's about having an income that will enable you to maintain your current standard of living for life.
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27 December 2024 | 4 replies
I tend to agree that selling seems like a good option, especially since your rental income will not give you a good yield on current property valuation.Did you live in the rental as primary before?
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19 December 2024 | 4 replies
The income isn't covering the costs (maintenance, capex) and you've only gained 15% appreciation in the three strongest years we've seen in a long time.
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28 December 2024 | 1 reply
I now have great passive income.
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2 January 2025 | 11 replies
If you are considering renting it for a minimum of 30 days, I believe you will be exempt from any short term rental rules and taxes.
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14 December 2024 | 6 replies
Its not a set price per unit or building but rather a percentage of income to debt.
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30 December 2024 | 3 replies
This a great option for high income earners who simply do not have the time for real estate.