19 November 2024 | 6 replies
If you want to maximize write-offs then you have to go the manual route, if you are okay with a softer angle, use the automation.
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19 November 2024 | 2 replies
Additionally, it can help maximize renovations and improvements.20% of the total depreciable basis was classified as 5-year class life.
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31 December 2024 | 418 replies
In some cases, the maxim "You can't cheat an honest man" applied.
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23 November 2024 | 15 replies
If you use an FHA loan as an individual, you’ll benefit from a low down payment (3.5%) and more lenient qualification requirements, but you won’t have liability protection, and the loan will stay in your name when it becomes a rental.Using a conventional loan through an LLC offers liability protection and scalability for future investments but requires a larger down payment (15-25%) and often comes with higher interest rates.If maximizing cash-on-cash return is your goal, FHA might be the better starting point.
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18 November 2024 | 13 replies
This will give you extra cash flow in the first year and/or the early years to maximize your tax benefits and make your dream come true.
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17 November 2024 | 0 replies
Consult a tax pro to maximize these benefits!
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20 November 2024 | 15 replies
No down payment means you invest for nothing, take advantage of principal paydown and tax advantages and maximize your BAH to do so.
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22 November 2024 | 13 replies
Maximizing investment involves making an offer below asking price, focusing on flexibility, and building reserves.Good luck!
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16 November 2024 | 6 replies
Consult a tax professional for personalized guidance to ensure you maximize your deductions.
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20 November 2024 | 18 replies
Trying to decide how to maximize my return on this on property with this space legally, knowing what right questions to ask and my options.