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29 January 2025 | 5 replies
I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?
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6 February 2025 | 2 replies
You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.
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25 January 2025 | 155 replies
I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.
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20 January 2025 | 57 replies
Have you passed the tax assessment yet, or is this your first year of owning it?
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23 February 2025 | 4 replies
.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.
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22 February 2025 | 4 replies
It seems the profit would cover taxes, and you would have more capital to do other stuff.
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22 February 2025 | 0 replies
First step is to figure out how to buy the land (if it is even for sale); I have the name of the owner from the tax rolls, so I think I will start there.
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17 February 2025 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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3 February 2025 | 47 replies
Lots of depreciation you will pay no tax maybe even shield some W2 income.B. 8k maybe 10k if you pick the right guy to lend your money to in interest income you will be paying much higher tax rate on this income FYI no depreciation expense.
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20 February 2025 | 114 replies
The intent of 1031 was not to let passive investors get out of taxes.