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2 November 2021 | 7 replies
I invest to replace income, build generational wealth, creating an income funnel, and improve the community around meI like the search and the hunt, acquire a great property, and turning it to something great that no one saw otherwiseIP I look for a deal that makes sense that has a good tenant class, good appreciation, and solid returns (8/10% cash/cash)An agent has to have very good market knowledge, understand the local geographical attributes, and has a good relationship with their network
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19 October 2021 | 2 replies
After that I was advised to file a Writ for possession and then File a Motion in Special civils Part.
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19 October 2021 | 1 reply
After that I was advised to file a Writ for possession and then File a Motion in Special civils Part.
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21 October 2021 | 12 replies
These are national lenders that specialize in making loans to investors.
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22 October 2021 | 2 replies
My question is, is anyone aware, had good experience with and could recommend and insurance companies that either specialize in high risk properties.
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21 October 2021 | 7 replies
I've seen anything from 1.6% in unincorporated Travis County to nearly 3% in areas with special utility assessments, etc.
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26 October 2021 | 8 replies
Just search for a few that specialize in real estate in your area, ask for references and meet with each of them.
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20 October 2021 | 3 replies
For example, if casualty damages or destroys an office building and its landscaping, the properties are taken into account separately to determine the casualty loss or conversion gain attributable to each.3.
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3 November 2021 | 7 replies
Any early nonqualified use will forever taint the property and some portion of the gain will be taxable (unless a step-up in basis occurs under IRC Sec. 1014 after the death of the taxpayer)When sec121 qualified property with non-qualified use is involved in 1031: (non-qualified period tacks on)Depreciation: In other words, where a taxpayer's residence is the relinquished property in a tax-free exchange, any gain attributable to depreciation deductions relating to the residence can be deferred until the taxpayer disposes of the replacement property received in the exchange.Gain: The Code Sec. 121 exclusion has to be applied to gain realized before applying the nonrecognition rule of Code Sec. 1031Illustration 1: A, an unmarried individual, buys a house for $210,000 that A uses as his principal residence from Year 1 to Year 5.
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15 November 2021 | 3 replies
I specialized in Single-Family Homes (SFH) and Multi-Family Properties and I am very passionate about helping investors and agents succeed.