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4 August 2024 | 1 reply
Im 23 and will continue to work until 30-35, and by then I would be able to either continue working BY CHOICE rather by necessity.
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4 August 2024 | 13 replies
And there are some commercial lenders for larger seasoned projects.
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4 August 2024 | 8 replies
Document your process and the reasons for your choices to further protect yourself.
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3 August 2024 | 8 replies
it seems like they usually only deal with larger companies that have many accounts to offer
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3 August 2024 | 6 replies
So, talking to as many people to get their insight is helping me narrow down my choices.
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6 August 2024 | 28 replies
Additionally, you can do a cost segregation of the property and take bonus depreciation creating additional tax savings.Beyond short term rentals, I think buying a triplex or property every two years as a primary residence and then renting out the unit you lived in and repeating this every two years is one of the best ways to accumulate a portfolio of properties with little down with property tax savings while you live in the property.Then, it will be surprising how quickly the equity builds up as other people pay for your asset that you then can pull equity out and buy a larger apartment building after you have learned about property management from owning the smaller rental properties.To Your Success!
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4 August 2024 | 15 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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4 August 2024 | 5 replies
Keep consulting with professionals to make the best choices for your business.Good luck with your investments, and feel free to reach out if you have more questions or need further advice!
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7 August 2024 | 32 replies
Home Equity Line of Credit (HELOC): If you have significant equity in your existing duplex, a HELOC could provide funds for further real estate investment without touching your retirement accounts.3. 1031 Exchange: If you decide to sell your current duplex, a 1031 exchange could allow you to defer capital gains taxes and reinvest in larger properties.4.
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2 August 2024 | 0 replies
I want to try and find a set of bigger buyer communities or larger institutions that can reliably buy 5-10 properties per month in the following states: LA, TX, MS, MO, TN, GA, OH, FL.