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19 January 2025 | 354 replies
A buddy of mine talked to his tax guy who told him these “Distributions” aren’t currently taxable right now and simply adjust the basis downwards (almost like a return of principal), but when the principal actually DOES get returned (generally about 5 years out in this case), that the difference between the amount returned and this downward adjusted basis is taxable at capital gains rates - if held longer than 1 year, generally 15% tax.
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4 January 2025 | 11 replies
You could overwhelm your tax assessor with love by simply filing an appeal every year.
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3 January 2025 | 40 replies
If everyone would simply eradicate that from there vocabulary and replace it with "Realized PERFORMANCE".
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15 January 2025 | 24 replies
Simply analyze the strategy and how you could do it better or differently.
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2 January 2025 | 50 replies
They were simply the king of online bookstores.
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2 January 2025 | 18 replies
Hopefully you can state simply (and truthfully) at the end of the showing that you have other interested parties to whom you are showing the property and will let them know in due course.
2 January 2025 | 11 replies
If they are not aligned then simply keep looking till you find one that is.I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companiesWhat are your average days on market for vacant homes?
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25 January 2025 | 155 replies
Gator lending is simply "transaction funding" and doing "2nd mortgages".
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7 January 2025 | 27 replies
Look, I have no idea who Eric is, what type of person he is but I will say after a quick search I saw that he did in fact sell his company for MAJOR $$$ and that he is active in Section 8, no idea if his course is good or garbage but still felt the urge to respond because I am so tired of hearing SCAMMER, find it online to EVERY SINGLE post asking about any course. anyone who actually sells their business and nets 110 mil is NOT going to dive into Section 8 or any real estate for that matter other than fine personal residences etc.. they retire and spend it.. so I dont think so.Plus section 8 is simply not complicated its run by the Sec 8 folks in each city.. nothing magical about that.. its a tough way to go being a section 8 landlord lots of drama.
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3 January 2025 | 12 replies
If you do decide to help them out and rent continues to be late simply have a talk wiht them and remind them that rent helps pay your bills and since you did them a solid ask for the same in return.