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28 February 2025 | 6 replies
For example - the amount that they put down in their brochure of the property, property tax was extremely low - being that the property was assessed before the rehab was done, and was therefore worth extremely little when it was appraised by the City.
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12 February 2025 | 0 replies
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19 February 2025 | 32 replies
Ask yourself, why would the federal government pay MORE than market rent and waste our tax dollars?
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27 February 2025 | 3 replies
If it is to cash flow right now, then you're right you would be a little tight with your tax/insurance escrows.
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18 February 2025 | 4 replies
Their taxes and insurance may have doubled and they can't afford the house any more.I think geographic is tough because there just isn't typically the turnover any more in most areas.
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20 January 2025 | 3 replies
I don't know the answers on taxes, but New Jersey is the densest state in America.
26 February 2025 | 6 replies
They want stronger tenants with stability to the cash flow today and into the future especially we are over 10 years into an economic cycle but Trump's tax policy juiced it a few more years.
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10 February 2025 | 6 replies
Or sell using the 1031 exchange along with a partial 121 primary residence exemption There is a way you could take advantage of the 121 primary residence exclusion allowing you to take the first $250k of the gain tax free ($500k if married) and qualify for a 1031 exchange.Say you purchase a property as your primary residence (house hack extra rooms for extra income) and lived there for two years while stationed there.
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16 February 2025 | 4 replies
DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.