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30 January 2025 | 10 replies
The complaint must describe the steps you took to find people who should be parties to the lawsuit.
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25 January 2025 | 24 replies
If so, step 1 is rewiring how you look at things.
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31 January 2025 | 10 replies
I’m just taking it one step at a time, learning as I go, and trying to set things up the right way from the start.
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28 January 2025 | 6 replies
Hi Ilina,I understand that taking the next step can feel a little intimidating, but you’re definitely in the right place!
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29 January 2025 | 9 replies
in a vast interview process with many steps before allowing someone to move in. a new roomie is an everyone-decision, not a landlord-only decision; if you're expecting people to co-exist in a space together (for longer than just a few months), you have to make sure they all have some things in common, or at minimum have the right expectations in terms of cleanliness and routine habits.someone working the night shift and someone else having a 5am rise-time, or someone who works from home in a call-center job is not going to jive well for example. and someone who doesnt handle conflict well is not going to jive with someone who is brutally honest and up front about issues. happy to go into more deets on how we do things if it will help. this can certainly be lucrative in terms of cash flow, but there are huge mud puddles i have stepped in over the years which i have had to learn to navigate.
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22 January 2025 | 10 replies
.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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2 February 2025 | 15 replies
Congratulations on this next big step!
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6 February 2025 | 13 replies
However, if you inherit it through her estate, you receive a stepped-up basis to its fair market value at that time, reducing tax liability upon sale.Gifting it now has no immediate tax consequences unless its value exceeds the $18,000 annual gift tax exclusion (2024).
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28 January 2025 | 8 replies
Perhaps an installment sale will also achieve what you want if you can keep their income below a rate thrshold. if they are sensitive to capital gains, then think through options where you can get it stepped up.
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27 January 2025 | 0 replies
Builders are stepping up to meet demand, and buyers are taking advantage of opportunities in new construction that they simply can’t find in the existing-home market right now.