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19 September 2024 | 29 replies
I know you post it often but I actually read it this morning..
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13 September 2024 | 4 replies
Good morning!
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15 September 2024 | 15 replies
So we wouldn't be losing any space by adding this extra 1/2 btr, on the contrary, it's pretty much a "dead space" and the tenants sleeping upstairs wouldn't need to go downstairs in the middle of the night or every morning - definitely more convenient
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12 September 2024 | 5 replies
Good morning Chris, I see you're looking for property here in SC and NC, but would your group consider a property in St.
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12 September 2024 | 8 replies
Good Morning Everyone!
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13 September 2024 | 10 replies
Good morning GP, If your property sells for $300,000, your "net sale price" after deducting your routine selling expenses (brokers commission, title, escrow, closing attorney, documentary transfer tax, etc.) will likely be around $275,000 (ish).
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13 September 2024 | 5 replies
Yeah I called her rental reference this morning and it was fishy once again.
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11 September 2024 | 2 replies
My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below) 1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance) 1/2 general house maintenance (depending on the issue and if it's related to the ADU) 1/2 Depreciation (Home value, not land divided by 27.5) KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income?
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13 September 2024 | 12 replies
This is your annual net operating income (NOI) divided by the purchase price.