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16 November 2018 | 56 replies
I definitely don't want to use Craigslist or the classifieds.
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24 August 2020 | 17 replies
Note, however, that if you are attempting to raise capital from other investors, a QOZ Fund is classified as a security, not a real estate interest - it is highly recommended to consult your CPA and attorney before raising capital from others.If you invest in a QOF fund that does not adhere to the up-front or on-going requirements, an investor potentially opens themselves up to taxes on the previously deferred capital gains/recapture and potentially to penalties.
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21 November 2018 | 39 replies
There is a little bit of wiggle room when buying real estate to classify in taxes what portion is land and what is structure ( structures are depreciated).
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19 November 2018 | 2 replies
Since he's living in the house, we put our son on the deed so it was classified as owner occupied for better terms.
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30 November 2018 | 11 replies
Just because you're building it new shouldn't change how it's classified for loan purposes.
24 April 2019 | 2 replies
Mortgages that are not government loans are classified as conventional loans.Government National Mortgage Association (Ginnie Mae)A government-owned corporation within the U.S.
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23 October 2018 | 73 replies
Worst case they take your ernest money.Our primary area I classify as a C to C+ area (We have some units in better areas but most of our units are in a working class area with most structures built from the 1950s to the 1980s).
25 October 2018 | 193 replies
I suspect the percent is about the same today but I do not desire to go through 1800+ billionaires to determine which ones have significant RE holdings.I do not classify the billionaires that invented something or started a business with those that made their wealth by trading publicly traded companies that they were not an insider.
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11 October 2018 | 13 replies
When looking at real estate all assets classified as 15 year land improvements and 5 or 7 year personal property qualify for 100% bonus depreciation, meaning you can deduct their entire cost in year 1 instead of spreading that deduction out over 5, 7 or 15 years.
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12 October 2018 | 6 replies
Does anyone know what classifies as "commercial housing property" in the state of maine?