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23 September 2024 | 2 replies
Even their sales prices didnt seem worth it About ten years ago I would buy my flooring for my rentals from LL and I found it held up well (its still installed).
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23 September 2024 | 10 replies
., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
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23 September 2024 | 5 replies
We have installed a permitted tiny house on the land, water meter. electric meter (that can accommodate a large house), and a 5 bedroom septic.
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21 September 2024 | 14 replies
The appliances are also all brand new installed this year- fridge, dishwasher, and washer/dryer.
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23 September 2024 | 19 replies
It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.
28 September 2024 | 19 replies
If a sale and capital gains the only option, you could look at seeing if he was interested in selling you all his portfolio on an installment sale and then 1031 exchange the proceeds into a private real estate fund.
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21 September 2024 | 9 replies
It's easy to install and cut.
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27 September 2024 | 66 replies
Last house I did - purchased for 150k - put about 10k into it (And this was primarily DIY work - saved probably 15k doing DIY work).
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24 September 2024 | 49 replies
You cannot charge one dime more nor a "pet fee" because service animals are NOT pets.If the applicant wants special features such as a wheel chair ramp, etc they MUST install that at THEIR expense and you can require them to bring the property back to its original configuration at the end of the lease at THEIR expense.
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21 September 2024 | 10 replies
Someone with a home in the mountains mentioned that we MUST install a furnace and cannot rely on the wood stove alone.