4 September 2018 | 1 reply
Close....the fact that you’ve rented it for say a year, has No effect on your cap gains exemption......you get the full $250k.
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17 March 2017 | 51 replies
Then there are the smartasses that say a landlord has never filed papers against them.
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26 January 2024 | 4 replies
Really easy to say a bowling business that doesn’t own the building they’re in is worth less than $600k.
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22 December 2023 | 56 replies
Interest rates are cooling (lower monthly payment) and you should be able to pull out at least 75% of ~650K since you say a similar home sold in the area (direct comp).
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28 January 2024 | 1 reply
Pretty it up and paint, as you say. A
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28 January 2024 | 5 replies
Say a $3M property is owned 3 guys.
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3 December 2021 | 6 replies
However, once the additional members are "let in" would that not require filing something different say a partnership return?
3 August 2014 | 10 replies
However, I will have the seller say a number first, that way you know what they are thinking.
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8 January 2024 | 66 replies
I think I would say a general definition for me would be spending no more than 1 day a year or 24 total hours a year "working" on that investment for it to generate me a return.
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28 June 2018 | 17 replies
So can someone even buy say a $500,000 apartment complex with $100,000 down and $100,000 in reserves?