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30 September 2024 | 3 replies
Alternatively, forming a new LLC in Kentucky can simplify state-specific compliance and might offer better legal protection for the property.
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1 October 2024 | 13 replies
Another alternative is to buy another house hack type property, but instead of renting rooms, why don't you purchase a 2-4 unit property or a house with carriage house, that way, you can still invest and it isn't as risking or requiring external capital partners besides finding a lender.
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29 September 2024 | 9 replies
Tenanted properties are extremely challenging to sell and the recent change in notice period has made that worse in BC.You are in a tough spot either way, only you know your financial situation and your numbers.Even after renting it'll not cover even the mortgage interest, let alone other costs.Another alternative is to never sell and keep drawing some cash out of it by refinancing when the interest rate hits a low.
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27 September 2024 | 6 replies
.- No one particular industry takes over more than 18% of the job pool leaving plenty of diversification for a safer market to invest in.
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2 October 2024 | 38 replies
So having "voted for this" seems like a weak argument when there's no alternative.And if you want to say third parties are an alternative, with basic game theory you can see that in a first past the post voting system, they are not.
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30 September 2024 | 9 replies
Also your capital gain is lowered the more you bonus.If you are going to accelerate you need to really consider how much personal property there, how long you're going to hold it, any offsets available, alternative transaction structures like installment sales or even delaying it a year.Publication 5653 (6-2022) (irs.gov)It lists four more including the ones below.The detailed engineering cost estimate approach (or detailed estimate approach) is similar to the detailed cost approach.
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29 September 2024 | 17 replies
Experience is a great teacher, but is there a safer path?
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27 September 2024 | 0 replies
This move addresses the growing power needs of data centers, which are increasingly relying on alternative energy sources to reduce carbon emissions.
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27 September 2024 | 9 replies
Alternatively, she offers guest services for a fixed rate, but then there's the question of how burdensome handling bookings would be if I manage that myself.
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2 October 2024 | 24 replies
With a self-directed IRA, you can invest in real estate and other alternative assets, all while enjoying tax-deferred or tax-free growth.