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18 October 2024 | 3 replies
I saw a prior post where you mentioned having a STR in Texas.you want to have a conversation with your accountant to see if it can be treated as an active property instead of passive.If it can be, then there is a potential opportunity to offset the losses against other forms of income such as wages, interest and dividends.
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21 October 2024 | 11 replies
The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!
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21 October 2024 | 16 replies
How bad was it ?
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17 October 2024 | 4 replies
Since this can be treated as 7 different properties, can I get a conventional loan or will this still require a commercial loan?
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18 October 2024 | 11 replies
Like you said it gives the weekend for travel time.Plus, if folks need to head home on Sunday then they do that and not feel too bad about losing a day.When you have to work that Friday, it sucks because you want to get started, but after 6 days of vacationing, people are often ready to go home and are meh about the Monday.Psychological Strategery....
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20 October 2024 | 147 replies
Hey doesn't sound like bad press to me!
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23 October 2024 | 11 replies
If you start telling people you never had a deal go bad etc. then they will not believe you.3.
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17 October 2024 | 19 replies
Many bad renters will offer to pay extra up front as a means of avoiding your screening or skipping to the front of the line ahead of more-qualified applicants.
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23 October 2024 | 15 replies
I have 4 properties and I'm getting a CPA for 2024 since I sold one (that was the 5th property) but I held it for less than a year, sort of like a did a bad flip but I did intend to rent it out (very long story).I'm guessing the OP has two single family rentals and not some large apartment complex, if OP is still there.
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20 October 2024 | 6 replies
And if not, what gets in the way to where this is a bad idea?