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5 February 2025 | 5 replies
The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.
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14 January 2025 | 329 replies
I heard something that they might offer "Landlord Financial Assistance", but not sure if that's true or not.
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3 February 2025 | 1 reply
.⚠️ Beware of these red flags:🚨 Bad partners who don’t communicate or operate ethically🚨 Financial arrangements that don’t make sense🚨 Risk levels that are too high for the returnIf ANY of these ingredients are bad, walk away—even if the deal looks profitable on paper.🚀 Lesson: Part of a good deal is better than 100% of no deal, but 0% of a bad deal is better than any piece of a bad deal.Final ThoughtsToo many investors make the mistake of wanting 100% ownership and control—but they forget that it’s better to own part of a great deal than to own nothing at all.🏡 Real estate is a team sport—and the investors who understand this scale faster, learn more, and build more wealth.Discussion Questions for You:1️⃣ Have you ever walked away from a deal because you wanted 100% ownership?
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14 February 2025 | 24 replies
The factors to consider are your overall objectives, your credit score, DTI and personal financial condition I recommend you find a broker or originator whom you can trust and have them weigh your options.
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19 February 2025 | 15 replies
It'll be cheaper financially.
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23 February 2025 | 9 replies
I think the testimony of many on this web site would indicate there is great financial benefit from taking either of those approaches.
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2 February 2025 | 10 replies
Build a financial history with your LLC.
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14 January 2025 | 1 reply
Your taxes are none of the ex wife's business and this would seem to address your concerns.I would also put her on notice that future requests for financial discovery will be two-way and if a discrepancy is seen in the other direction you will seek support from her.
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7 February 2025 | 6 replies
•However, if your wife or her direct family members receive a financial benefit from the sale (e.g., inheritance distributions from the proceeds), the IRS may consider it a related-party transaction.3.Two-Year Holding Requirement•If the IRS deems this a related-party transaction, you’d need to hold the new property for at least two years before selling or exchanging it again to avoid disqualification.
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31 January 2025 | 5 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.