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6 June 2024 | 6 replies
However, with our current low interest rate and rental rates for our neighborhood we could also cash flow appropriately $1000 per month, keep it and allow for further appreciation over the next three years until we would need to sell to capture section 121 tax exclusion.
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11 June 2024 | 116 replies
Obvisoulsy those are mutually exclusive, so you have to emphasize one over the others.
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4 June 2024 | 2 replies
You can't sell two primary residences simultaneously and take advantage of 121 exclusion.
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5 June 2024 | 274 replies
@Gordon VaughnIs their a way to work around the exclusive listing period?
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5 June 2024 | 14 replies
Consider hiring the VAs to handle cold calling, freeing up your schedule to interact exclusively with motivated sellers in real-time, and look at other channels like direct mail, text, SEO, and boots on the ground networking.
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4 June 2024 | 5 replies
The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.
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6 June 2024 | 25 replies
We used to own LTR and switched exclusively to STR.
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3 June 2024 | 8 replies
How would I calculate that partial exclusion?
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4 June 2024 | 3 replies
If you change your mind, I happen to have done more transactions in the Tampa Bay area last year than 99% of licensed agents in the Tampa Bay Area and that happened to be almost exclusively buyer investor transactions.
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4 June 2024 | 7 replies
Hey @Dan Gongora - I have a list of lenders that another BP member shared with me a while back...the lenders are exclusive to Chicago or Illinois, but I assume that wouldn't matter to you.How much equity do you have in the property and what is your game plan with the money?