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7 January 2025 | 7 replies
Pay attention to your weekly and monthly discounts as well.
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18 January 2025 | 15 replies
I used to cold call, skip trace, send mailers, and don't get me wrong you will get success from it like James above, however as you gain experience you will realize you need deals faster, easier, cheaper, and with more "meat on the bones" and in order to have that you need constant deals flowing through your eco system and that's hard to do with mailers, cold calls, VA's and skip tracing etc.
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21 January 2025 | 5 replies
And you would get to indefinitely defer all tax on the gain from the sale.
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20 February 2025 | 28 replies
You won't pay taxes on the gains because it would be your primary residence.
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21 January 2025 | 35 replies
Quote from @Jeremiah Dunakin: Quote from @James Wise: Quote from @Jeremiah Dunakin: Quote from @Bruce Woodruff: Hourly rates are not crazy for skilled labor nowadays...what gets my attention is that the Handyman works for the PM.
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12 February 2025 | 15 replies
A lot of the US market - housing, stock, treasuries, etc - is basically a legal money-laundering location for honest or ill-gotten gains in the rest of the world, because the markets are open to foreigners and as close to a guaranteed safe haven as can be found.
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20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.
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21 January 2025 | 5 replies
I think right now is trying to find the right price to sell at to attract attention and get them liquidated faster is the MO right now.
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19 January 2025 | 46 replies
This is only a guess, take it with a gain of salt.
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24 January 2025 | 6 replies
Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.