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28 October 2024 | 8 replies
Your savings is good, but your income won't support that many properties if you do them wrong and need to carry 15k min reserves for each one.Focus on what the next property should be, maybe upgrade to a two-family and see how that goes.
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29 October 2024 | 15 replies
I only received a letter from the appraisal office saying that the value went up but no notice about my taxes going up by 50%.
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29 October 2024 | 9 replies
Most tax preparers include in their engagement letter that you have ultimate responsibility to what is reported on the return.
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24 October 2024 | 7 replies
During that time, I received a letter from the City of Lorain about some violations, including overgrown grass, missing handrails, window frames, and not pulling the necessary permits.
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29 October 2024 | 19 replies
It says in the welcome letter they are required to read it and by staying at our cabins have agreed to the rental agreement.
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27 October 2024 | 74 replies
I always make my offer and include a POF(proof of funds) letter showing the seller that I have the funds to close.
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29 October 2024 | 12 replies
Answer: No, buying an STR doesn't change the nature of historical passive losses on other LTRs you own and carried forward from prior tax years
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26 October 2024 | 11 replies
I don't know what your carrying costs are but holding out might make more sense.
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26 October 2024 | 4 replies
They should write you a letter explaining the error and that they are going to charge you the additional $400 now.
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27 October 2024 | 6 replies
@Elias RamirezMail a letter to the property as well - must be getting forwardedBut as mentioned tax bills are being sent somewhere.