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8 January 2025 | 14 replies
Contrary to what was stated in a previous response, brokers don't all charge points.
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15 January 2025 | 7 replies
The brother and his son had been living in the house, free of charge, for years, and were gaming the system.
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19 January 2025 | 27 replies
Also get rid of the cat or you'll be charged an additional $xxx fee and an extra $xx/month.
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28 January 2025 | 71 replies
Shortly after the crash my tenants learned that condo developers were renting out luxury apartments in the area for around the same rents I was charging so I was forced to lower rents. 1200/apt 2 1050/apt3.
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15 January 2025 | 7 replies
It is a violation of the HAP contract to charge more rent for voucher recipients than market rate tenants.
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30 December 2024 | 7 replies
Fortunately, the tenant paid for all of it.They lived in a building with a nice laundry facility (six washers and dryers) that were priced below what the laundromats charge.
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14 January 2025 | 6 replies
- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?
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11 January 2025 | 1 reply
They close hundreds of loans a month and charge you for any hold up on their end.
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12 January 2025 | 8 replies
Note: Florida charges a hefty tax on rentals under 6 months.
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.