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17 May 2024 | 11 replies
It is important to know how to run your numbers when looking at potential investments and expenses that are deductible can't be removed because technically all expenses are deductible.
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16 May 2024 | 8 replies
You don't need to be in the trades or have a background in construction, or finance, or anything else.
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15 May 2024 | 6 replies
I would just mindful of how soon before that seasoning requirement is met that you start the process because things like credit reports, appraisals, background checks, etc., are only consider valid for a certain period of time.
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15 May 2024 | 3 replies
They say they will sign my lease and also sent me an addendum to sign allowing them to sublet.There are a few reasons why i like this option for this property, but im wondering how to background check the company and the individual they are assigning to ensure ill be paid monthly as they claim.
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15 May 2024 | 2 replies
Technically yes, but still no.
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15 May 2024 | 7 replies
Much of what I'm experiencing is placing tenants, background checks, meeting them onsite, handling calls, dispatching maintenance to handle issues etc.
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15 May 2024 | 6 replies
Are you going to run a full background check on these people or are you going to just risk your family with renting to a potential child molester or serial killer?
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15 May 2024 | 3 replies
@John Michael RobersonI agree with @Kory Reynolds: tax-wise, it is a workable plan, as long as you are hands-off, which in technical terms is known as failing material participation.I would caution however against focusing strictly on taxes.
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15 May 2024 | 11 replies
If you don't flip your properties in <3-6 months, then you technically don't need a no-seasoning lender in the first place.
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13 May 2024 | 2 replies
Or would you have to pay commercial property taxes since it is technically considered an investment?