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4 February 2025 | 4 replies
You're looking for hesitation on how they speak of them as a person they did work/business with depending on a job or rental reference.3.)
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30 January 2025 | 0 replies
We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.
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6 February 2025 | 42 replies
That's the first place to start.I can tell you what to invest in and where - but you won't listen unless you really understand this business first.
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14 February 2025 | 21 replies
Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.
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30 January 2025 | 12 replies
Zoho is a great CRM for any business and is 100% customizable.
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14 February 2025 | 7 replies
Edit: For SFH A simple answer: everything is negotiable and every agent runs their business differently.
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8 February 2025 | 7 replies
Looking to get that cash back as soon as possible to use it to fund my business.
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30 January 2025 | 4 replies
and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated
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18 February 2025 | 9 replies
However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.
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17 February 2025 | 4 replies
looking longterm who knows what's going to happen in the market.The largest thing to be cautious about is that with commercial tenants you as the owner often have to put up money in the form of a check or abated or free rent to help the tenant get open for business and build out the space.