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15 May 2024 | 12 replies
Consequently, during prosperous times, the industry struggles to build fast enough, and what we're currently seeing are the completions from previous boom years.
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16 May 2024 | 18 replies
Consequently, sellers often overestimate their property's value, failing to recognize its actual performance.Moreover, if the property requires significant repairs such as foundation work or a new roof, it may not qualify for long-term financing.
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14 May 2024 | 3 replies
Consequently, I've shifted my focus and will no longer invest in residential properties in Manitoba.
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14 May 2024 | 1 reply
Providing documentation such as tax returns and signed affidavits may strengthen your argument.Consider seeking advice from a qualified real estate focused tax professional who can provide insight into the potential tax consequences of your actions and help you make informed decisions.
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14 May 2024 | 13 replies
@Henry Clark why would you cash out a 401k when you could transfer those monies to a Solo 401k with no tax consequences and then invest in a property upon which there could be storage buildings, vacation rental, etc.
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15 May 2024 | 12 replies
Consequently, in the year 2021, I proudly made my inaugural purchase of a condominium, which I now offer as an Airbnb.
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14 May 2024 | 14 replies
The exact consequences may vary depending on the lender and the specific terms of your loans.
13 May 2024 | 0 replies
Consequently, the lender cancels $75,000 of the landlord's debt.In light of this situation, the IRS Chief Counsel provides guidance indicating that the foreclosure constitutes a taxable disposition of a significant portion of the landlord's interest in the property.