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30 March 2024 | 11 replies
Quote from @Sean Ross: @Ralph McDaniel,The IRS applies the Long-Term Capital Gains rate to investments that are held for more than 12 months.
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30 March 2024 | 19 replies
Quote from @Tracy Ross: Not sure about Florida but here in Idaho there are some discount brokers who will list on MLS for a flat fee (like $500 usually) Best of luck!
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31 March 2024 | 4 replies
“The problem is that in 1997, when the maximum exclusion levels were added to the tax code, they were not indexed to inflation,” says Evan Liddiard, CPA, director of federal tax policy for the National Association of REALTORS®.
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29 March 2024 | 2 replies
@Jacqueline Lee I'll 1 up what @Evan Polaski mentioned....Each jurisdiction and city is going to be slightly different, but at the surface there is generally slightly more paperwork to get your property approved and into the system, but once you get it up and running and the first tenant in there, its generally straight forward to get the rent increases etc.A good place to start would be your local housing authority, they may even offer "Landlord" classes to understand the system more.
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29 March 2024 | 12 replies
Quote from @Evan Polaski: @Jaquon Miller, while there are certainly some lessons that are learned from fix and flips and BRRRR that may translate into syndications, I would say it is not totally the same.Syndications require a far more in-depth understanding of investment finance than the typical BRRR or Fix and Flip.
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27 March 2024 | 14 replies
Quote from @Chris Ross: Hello, I’m going to be closing on my first SFR investment property soon via an all cash deal.
26 March 2024 | 3 replies
Hey Evan!
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26 March 2024 | 3 replies
@Evan GaterBoth are not seniorThe one that was recorded first (lower book and page number) would be the senior in most instances unless it was recorded inproperly and there was a subordination agreementTypically the higher value loan is first as well when recording at same time.Hope this helps
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25 March 2024 | 6 replies
Hey @Evan Dobrowski!
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24 March 2024 | 15 replies
@Jennifer Ross, I live in Niceville it is safe and has the best schools in the area.