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10 January 2025 | 2 replies
Many municipalities allow appeals, and the savings can be substantial if successful.Pro Tip: Work with a tax advisor or attorney familiar with local property tax laws to improve your chances of winning an appeal.2.
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15 January 2025 | 2 replies
Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.
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17 January 2025 | 8 replies
You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.You're feeling FOMO because you see people all over BP, YouTube, and Instagram bragging about their success.
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11 January 2025 | 9 replies
Market Analysis: Palm Desert seems seasonal, so the cash flow challenge might not improve significantly without some adjustments.
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3 January 2025 | 11 replies
The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.
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13 January 2025 | 2 replies
I’m searching for an investor-friendly carpenter and plumber.
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11 January 2025 | 7 replies
Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.
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14 January 2025 | 4 replies
I would caution you with searching for lenders as those that don't follow a draw process or will lend on anything may not actually be a lender and trying to scam you.
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28 January 2025 | 29 replies
Have you searched for co-hosts in your area?
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8 February 2025 | 42 replies
Detroit offers solid cash flow potential, a relatively low barrier to entry, and the market fundamentals are improving with a growing population and significant investments in the city.Since you’re based in upstate NY, Detroit is also a quick and easy flight, making it easier to visit and get a feel for the market if you’re considering out-of-state investing.