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22 October 2024 | 20 replies
The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.
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21 October 2024 | 3 replies
Depending on your STR area, the table stakes to compete is very high right now so your furniture and amenity spend is going to be way higher than you think.
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23 October 2024 | 19 replies
Neither designation guarantees higher competence in taxes than an unlicensed person.
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22 October 2024 | 11 replies
When you sell, this depreciation must be "recaptured" and is taxed at a higher rate, typically 25%.So, the taxable amount is **the difference between the sale price and your adjusted basis**, including depreciation recapture.
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22 October 2024 | 7 replies
This may include tax credits such as 45L for energy efficiency.Optimization of Energy Efficient Tax Credits: AI tools can help real estate investors identify which specific energy upgrades are the most cost-effective upgrades for their properties resulting in a higher return on the improvements.AI can help investors be more efficient and effective with their time and money.
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23 October 2024 | 13 replies
General rule of thumb I have heard is that carpet in a rental is expected to last about 5 years.The real fix here is buying premium higher traffic resistant carpet, or converting to a hard flooring on your next replacement, like LVP.
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20 October 2024 | 2 replies
The interest rates and payments substituting either option will be higher than your mortgage.
24 October 2024 | 18 replies
Thanks for the tip.Actually, two of the girls at the house want to stay and I have switched to renting individual rooms from this point out, at a higher premium.
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20 October 2024 | 13 replies
Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.
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20 October 2024 | 4 replies
Yes, I've been investing overseas for years and help many others doing so but investing internationally differs from country to country so asking about international and specifically in Bali.There can be fraud everywhere, including in the US, so you should always beware and the risk will be higher or lower, depending on the country.