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22 June 2017 | 15 replies
@Joe Xie Although I have experience with this, I am not an attorney yet, so I do not want to give advice that would be better addressed with an attorney and you would have the benefit of attorney-client privilege.
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6 February 2019 | 50 replies
In our state you would lose trying to sue after the fact.. the only thing your entitled to is any money spent to secure the property and keep it from getting damage.. say you patched a roof or replaced a window.. anything past that your out of luck ( at least in our state) so be careful of blowing money on attorneys and just compounding the damage.. not to mention how are you going to collect even if you do win..
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13 November 2023 | 4 replies
As you scale and grow your STR portfolio, whether it through acquisition, operations (co-host, property management) or through rental arbitrage..then everything compounds.
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27 May 2016 | 20 replies
Hence the cash grows compounded with nearly no fees.The crowdfunding sites where you purchase equity are out there too.
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17 February 2016 | 1 reply
If you are anything like me, it is hard to want to think long term when you are your age, but the law of compound interest tells us you should be.
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22 July 2015 | 3 replies
I would say "yes" for several reasons, such as the commissions become an extra revenue source and you have certain privileges a non-realtor buyer/owner won't have, like greater access to properties at various times in the transaction.However, as with any endeavor in life, you have to decide what the highest and greatest use of your time is based on your own unique circumstances and traits.
4 December 2023 | 0 replies
By rolling over the proceeds from the sale of one property into another, investors can postpone the tax liability until the eventual sale of the replacement property for cash.Wealth Accumulation:Investors can use the 1031 exchange repeatedly, continuously deferring taxes and compounding wealth over time.
19 October 2023 | 6 replies
the power here of course is that the 1031 allows you to keep the compounding effect of deferred tax working for you throughout your life.
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23 October 2023 | 11 replies
Over time, compound interest can significantly increase your retirement savings.Given your 10 years of contributions, you've likely built up a substantial balance in your 401(k).
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27 April 2015 | 9 replies
As this is a public forum, there is no attorney-client privilege created, but I'm fine to answer any questions and help the best I can.Shawn