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18 October 2024 | 5 replies
Typically, it's a 2 year hold. 1031 is not meant for fix and flip properties.
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16 October 2024 | 7 replies
You can call local banks typically credit unions in the area to see if they have a construction loan product.
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18 October 2024 | 7 replies
But here’s the deal: under the Fair Housing Act (FHA), landlords are generally required to accommodate ESAs even if they don’t typically allow pets.
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19 October 2024 | 15 replies
Also, it depends how good of a deal you get and how good an operator (or the one you work with) are.Assuming you buy the "right" property in the "right" place overseas, you'd typically have a higher unlevered ROI overseas because a) a like-kind property would be cheaper and b) the (high) season could be longer and therefore the revenue higher.The US used to have the advantage of the financing (availability + interest rate).
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16 October 2024 | 11 replies
I do typically pick up at least a few clients each year who have use 1800Accountants in the past.
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17 October 2024 | 4 replies
Here’s what you need to know:- **Conventional Loans**: These are typically used for single-family homes or small multifamily properties (up to 4 units).
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18 October 2024 | 16 replies
If your modified adjusted gross income (MAGI) is over $150,000, you typically can’t use rental losses to offset W2 income.But you can still use depreciation to offset the rental income itself.
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17 October 2024 | 3 replies
For a hard money loan, you might be looking at interest rates anywhere from 9-12%, with points typically around 2-4%.
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17 October 2024 | 5 replies
Typically, the deal has to pencil out with conservative numbers in order to qualify.
17 October 2024 | 6 replies
What is the typical cost and who pays the fees?