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31 July 2019 | 10 replies
If I own the LLC but have a separate agreement addendum with a partner for a particular property, do we each claim a share of the property expenses and I claim the entirety of business expenses outside of the property?
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31 July 2019 | 7 replies
The following is based on data for the entirety of Prince George's County.
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3 April 2019 | 18 replies
Staying active on these forums is another good way to see who is a syndicator and then you can reach out and directly message them to chat a bit.Joe Fairless also has a great podcast series that goes through the entirety of buying a multifamily property via syndicaton.
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3 April 2019 | 2 replies
IRR is designed to calculate performance of an investment in its entirety (from inception to disposition).
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10 April 2019 | 76 replies
This more relates to when people choose not to depreciate the ENTIRETY of the rental (not improvements/repairs) on the thought that they won't need to pay recapture.
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8 April 2019 | 2 replies
Because you've been using the entirety as a rental you must do the 1031 on the entire amount if you don't want to pay any tax.So to completely defer all tax you would need to purchase at least $700K (net of closing costs) and use all $350K in the purchase or purchases.
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24 April 2019 | 19 replies
Sounds like you've met the use tests for the entirety.
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10 April 2019 | 4 replies
Being there for the entirety of the project is a waste of your time...maybe checking in every now and then (once or twice a day) would keep them honest and allows you to monitor progress.
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15 April 2019 | 2 replies
So, if you have hard money, or a bank loan that will close and pay in it's entirety it shouldn't matter.
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16 April 2019 | 11 replies
Yes, you can buy 50% of a property from any joint owner who owns 50% or more -- other than a husband or wife who hold title as tenants by the entirety.