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19 January 2025 | 5 replies
Did anyone in one of the accounts die?
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7 February 2025 | 1 reply
Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .
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6 February 2025 | 2 replies
You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.
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6 February 2025 | 1 reply
Your best bet would be to have a FurnishedFinder account and used their "stats" page.
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6 February 2025 | 8 replies
Too many investors waste money on general handymen trying to fix everything, only to end up hiring a specialist later anyway.6.Each property should have its own bank account.
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31 January 2025 | 7 replies
I'm now realizing that in the state of South Carolina, the tax rate jumps 2% for rental properties to help fund public schools, a $600/mo cost that I didn't account for when using the calculators in the earlier stages.
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5 February 2025 | 1 reply
I am working on increasing my knowledge and skills on the accounting side of investing.
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5 February 2025 | 1 reply
I do well, at least enough to go on vacations as a family, put money into high yield savings accounts, max out the ROTHs and add to investments when I can with money saved in savings and checking accounts.
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5 February 2025 | 5 replies
I just had to take extra money out of my personal account and funnel into my rental account.
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15 January 2025 | 24 replies
Brian Davis: My company SparkRental organizes a passive real estate investment club, called the Co-Investing Club.