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26 January 2025 | 9 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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26 January 2025 | 2 replies
However, I don't think I've seen it broken down as to what is included as part of that percentage.
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16 January 2025 | 5 replies
There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom.
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8 February 2025 | 6 replies
Get Familiar with Financing: Educate yourself about different financing options available for commercial properties, including conventional loans, hard money lenders, or seller financing.
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2 February 2025 | 14 replies
This is a net job less including job displacement.
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27 January 2025 | 1 reply
If I represent buyers, I like to include my name and contact information along with a sentence that if anything changes after the signing but before the sale, the tenant is obligated to notify me in writing or it waives any of those changes.Buyers might have other tenant concerns that are specific to a property.
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7 February 2025 | 10 replies
Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.
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5 January 2025 | 5 replies
I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.
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16 January 2025 | 0 replies
Through my journey I have gathered priceless information about the markets and maintained countless of connections including contractors, investors, agents and brokers.
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28 January 2025 | 6 replies
However, the 1031 exchange only applies to the real estate component or real property, of the business, not the business itself or its non-real estate assets.In other words, while you can exchange real estate used in your business for other like-kind real estate, the business itself, including goodwill, equipment, and other non-real estate assets, does not qualify for a 1031 exchange.To maximize your tax deferral, focus on the real estate portion of the sale.