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30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
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22 January 2025 | 1 reply
I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.
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31 January 2025 | 24 replies
If you're just going in to learn, you could probably gain some value.
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10 February 2025 | 22 replies
Also, not sure what relationship you have established with your property manager but typically people hire managers to take care of this part and be tenant-facing.
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24 January 2025 | 0 replies
Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.
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5 February 2025 | 11 replies
Assuming typical water pressure of course.
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30 January 2025 | 8 replies
At the very least you will want to have some general foundations set because with time you will modify processes and the learnings via experience you gain.
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28 January 2025 | 4 replies
Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.
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2 February 2025 | 22 replies
It typically has pretty good rental demand with UCONN Law School, St.
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29 January 2025 | 8 replies
Use depreciation on rental properties to reduce taxes further, and consider 1031 exchanges to defer capital gains taxes.