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5 February 2025 | 205 replies
I am sure it will all work out for you in the long run.. we sold ours and made a tiny profit on each but its better than a loss right ?
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7 January 2025 | 4 replies
If done correctly it can be very profitable.
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5 January 2025 | 13 replies
Why'd you sell if it's so profitable?
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29 January 2025 | 10 replies
When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in).
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27 January 2025 | 18 replies
small portion" of profit is not worth the possible legal issues.
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9 January 2025 | 4 replies
@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.
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21 January 2025 | 14 replies
My understanding is profit from lending is considered "taxable income" and is therefore added to your income and subject to your normal tax rate after all deductions, etc.
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25 December 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $25,000
Bought a house this fall in Minot for $90k. Currently have it rented and plan to ho...
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10 January 2025 | 1 reply
Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.
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8 January 2025 | 15 replies
You manage the headache of guests and communication, cleaning, etc. and he provides the property, but shares in the expenses and profits.