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25 January 2025 | 14 replies
I also saw a blog post by the Financial Samurai that said if he could sell a rental for more than 100x the monthly rent, he should... but I wasn't sure if others liked that as a general rule?
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14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
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13 January 2025 | 27 replies
Each town has different rules regarding rent control.
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11 February 2025 | 69 replies
These are rules of thumb that seem to be on par with today's market.
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10 February 2025 | 11 replies
This is a pretty old post - not sure why a newbie felt the need to resurrect the dead here - and I'm not sure the OP is still hanging around, but if he is:The first rule when you are in a hole is to stop digging.
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14 January 2025 | 17 replies
Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.
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20 January 2025 | 8 replies
I would not categorically rule out a triplex and/or quad plex though...
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23 January 2025 | 16 replies
I needed to find a passive real estate income stream that would work within the IRS’ self-directed IRA (SDIRA) rules.
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7 February 2025 | 12 replies
The rule is based on if it's "within the primary dwelling unit" of the taxpayer or not.
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23 January 2025 | 23 replies
I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental?