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20 February 2025 | 3 replies
There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.
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7 February 2025 | 9 replies
For example if one partner added a long-term rental in one party completed a rehab and flip, please properties we need to be filed.
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23 February 2025 | 5 replies
Renting out your current home could provide steady income, helping offset the new property's costs.
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7 February 2025 | 5 replies
I have not gotten advice on selling my 40-Acre development property. here is the web page I have placed to view details https://statestechnologylabs.com/prime-property/
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15 February 2025 | 11 replies
The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.
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18 February 2025 | 2 replies
You did not add an asset to the property.
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6 February 2025 | 5 replies
Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.
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16 February 2025 | 14 replies
Tracking can be done in property management software, a spreadsheet, or even a piece of paper and a pencil, as long as you can account for who's money is in the account.
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17 February 2025 | 4 replies
These are the ones where you just enter some information about the property into a website and it gives you a report.