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4 February 2021 | 4 replies
orDeterioration to state of disrepair – Amount paid to return the unit of property to its ordinarily efficient operating condition, if the unit of property has deteriorated to a state of disrepair and is no longer functional for its intended use...Step 3 - none of the 3 safe harbors apply (de minimis, small taxpayer and routine maintenance)Sorry, sounds like SOL to me.
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10 February 2021 | 2 replies
It has everything I need and the functionality that I prefer.
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9 February 2021 | 8 replies
Experience and impromptu conversations with your valued investors will teach you way more than some overpriced video course that tells you what font of mailers and the basic functions of prop-stream.
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6 February 2021 | 12 replies
I would use the BP search function, and referrals.Is it necessary to assemble a team before moving on to any of the next steps?
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4 February 2021 | 3 replies
Modular homes are functionally "kit homes" that a portion of the home (or of the structural elements) are built at a factory and shipped to the site, while the remaining parts of the home need to be "stick built."
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4 February 2021 | 0 replies
This home has all automated functionalities, with incredible health benefits for the owner and the environment along with unprecedented savings with its energy efficiency and renewable energy.
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10 February 2021 | 8 replies
Here's the scenario I worked out in my head with the following assumptions which still need to be validated:It is possible to combine these two unitsIt will be eventually possible to buy and combine another 2 adjacent apartmentsIt is possible to sublet one combined apartment at a time with restrictions (only two years with primary occupancy requirements in between)I would therefore rotate my primary residency between the two, and sublet the unoccupied one.
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9 February 2021 | 11 replies
As I tell all my clients, asking price is just a suggestion; yes there are houses that are going 50-100k over asking, but that's simply a function of the listing being mispriced, whether intentionally or due to poor valuation skills.
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20 September 2021 | 5 replies
however if its in good shape and not functionally obsolete probably 750k to 1 mil.
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14 February 2021 | 20 replies
Find a house on the MLS that is functionally obsolescent, meaning it is move in ready, but needs updating.