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9 February 2025 | 2 replies
@Chris Seveney basically treating it as a sale of assets and having to pay capital gains.
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5 February 2025 | 54 replies
The 1% "rule" is not a rule, it was a simple guideline that was supposed to help do a quick initial vetting of a deal.
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4 February 2025 | 5 replies
Even if you pay 10% in interest.
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31 January 2025 | 17 replies
If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.
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1 February 2025 | 23 replies
You have to pay depreciation recapture and gains on the pro-rated time it was a rental.
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3 February 2025 | 6 replies
So many things wrong with all this.First don't pay for this.
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4 February 2025 | 1 reply
You are bold for taking on a non-paying tenant.
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20 January 2025 | 19 replies
A tenant not paying has nothing to do with us either.
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3 February 2025 | 14 replies
He will take anything of value, leave all the trash, and not pay you a dime.
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1 February 2025 | 1 reply
When you borrow money you agree to pay it back.