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26 September 2024 | 10 replies
Alternatively, if you gift the rent outright, you can't deduct expenses.Home Modifications: Yes, you can likely deduct expenses for modifications like adding a ramp, as long as the home is considered a rental property and the improvements meet IRS guidelines for being necessary improvements.
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30 September 2024 | 24 replies
Alternatively, you could provide a credit towards closing costs.
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27 September 2024 | 47 replies
Whereas if you get a nice cashflowing multifamily, you're safer and your initial investment is making you money to put towards other future ventures.
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26 September 2024 | 5 replies
Just having that information might get them in trouble unless they have a good alternate source of the information.
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27 September 2024 | 16 replies
They're a safer play in this market.
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23 September 2024 | 1 reply
This is because Mortgage backed securities are in direct competition with investors looking for "safer" investments backed by the full faith of the United States Government.
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30 September 2024 | 25 replies
A hard money loan could indeed be a great alternative for your current plans, especially if you're eager to get started on your rehab project sooner rather than waiting for a conventional mortgage approval.Our fix-and-flip loans are designed specifically to provide real estate investors like yourself with flexible, short-term financing solutions.
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27 September 2024 | 66 replies
This is far from passive. 3) alternate rent models (rent by room, STR, MTR).
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25 September 2024 | 1 reply
Alternatively you can have your bookkeeping track these things.
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25 September 2024 | 11 replies
If you feel your CPA may not be fully up to date on certain aspects of your particular tax situation, especially with multi-state holdings, consulting another professional can offer fresh insights or alternative strategies.