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26 January 2025 | 12 replies
I've sold over 80 homes personally in the last 30 months and I'm usually within $5k of the appraisal report when I run my CMA for clients.
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24 January 2025 | 3 replies
That may or may not involve a trust.
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30 January 2025 | 10 replies
When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.
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5 February 2025 | 17 replies
Quote from @Jacqueline Wright: Starting in private lending can be an exciting way to get involved in real estate while leveraging your capital.
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23 January 2025 | 16 replies
LLC-A deducts the 10% management fee, while LLC-B reports it as active income, subject to self-employment tax but eligible for tax-efficient salary and distribution strategies.Ensure the setup has a clear business purpose, reasonable compensation, and documented management services to avoid IRS scrutiny.
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31 January 2025 | 5 replies
Maybe they have other properties they are interested in selling without a Realtor involve.
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23 January 2025 | 15 replies
.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report).
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1 January 2025 | 5 replies
LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity.
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23 January 2025 | 9 replies
Quote from @Jim Stanley: You should reserve insurance for large claims.Contact the city and report the issue to them.
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24 January 2025 | 8 replies
Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.