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17 November 2024 | 7 replies
Please make sure your losses are not limited under PALs.This post does not create a CPA-Client relationship.
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15 November 2024 | 11 replies
Check with a tax professional.You can manage your taxes if you do cost seg on the vacation rental and use the losses.
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1 December 2024 | 134 replies
Is only sheet rock .Like one of the colleges said for a rehab and flip is a great deal.Now if you purchase to live in it ..Definitely a loss.
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15 November 2024 | 14 replies
That's fine, i mean the profit and losses I've seen are pretty legit breakdowns.
13 November 2024 | 4 replies
It's not impossible to find, but you may not recover ALL your cash in the refi and may have to wait an added 1-2 years to get it all out.
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14 November 2024 | 10 replies
This negative position can consume years of cash flow to recover.
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15 November 2024 | 17 replies
My mortgage and escrow don't allow me to consistently profit enough on both floors to handle a 20% management fee and not take a loss some months.
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13 November 2024 | 3 replies
Owner’s Draws and Tax Implications: Taking owner’s draws to recover your initial equity is possible, but this can have tax consequences.
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14 November 2024 | 0 replies
Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!
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14 November 2024 | 0 replies
Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!