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6 February 2025 | 27 replies
Yes - and even when its out there its typically impossible to qualify (need high rate and high DSCR and typically would have to qualify as a LTR - so almost a unicorn or in a really bad market)
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7 February 2025 | 6 replies
As long as you follow the two-year holding rule and structure the deal properly, you should be able to move forward, but I’d highly recommend working with a tax pro to ensure compliance.Disclaimer: I’m a licensed real estate broker associate in Florida, not a CPA or tax attorney.
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6 February 2025 | 12 replies
Companies are unlikely to consider cities with high crime or cities with high operating costs.You will need multiple properties to replace your current income.
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20 January 2025 | 19 replies
In my observation here in Santa Rosa, the first lots out of the gate that sold went for too high of a price.
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28 January 2025 | 6 replies
However, full site visits, though more expensive, maximize tax savings by capturing every depreciable asset and offer better audit protection.While online studies may be suitable for simpler properties, full site visits are ideal for complex or high-value properties.
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23 January 2025 | 11 replies
Highly recommend.
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8 February 2025 | 1 reply
I would highly recommend getting your license for property management, and/or realtor.
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12 January 2025 | 2 replies
Small talk, showing empathy, and expressing genuine interest in their situation can go a long way in establishing trust and goodwill.Be Willing to Walk AwayOne of the most powerful negotiating tools is the ability to walk away.
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7 February 2025 | 1 reply
Would highly recommend @Keith Mintz for this case, he knows San Diego like the back of his hand.
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7 February 2025 | 0 replies
If someone offered 3%, is that too high?