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13 February 2024 | 4 replies
Hi, I am starting to go to appointments to close off market properties for a flip company and wanted to know if there was anyone else in my or similar position that would like to get some reps role playing different scenarios/objections to cash offer / novation pitches.
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13 February 2024 | 7 replies
This explains our insurance requirements in bullet form that they can send to their insurance reps.
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13 February 2024 | 35 replies
Not necessarily wrong, but they are not impartial.
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14 February 2024 | 59 replies
I don't get to save on the taxes now (can't be REP due to W2 and can't deduct due to income limitations) so I have to pass the tax savings forward...until I retire essentially or make less than 150k and have passive income/gains I can deduct from.
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11 February 2024 | 12 replies
If you are a REP spending >100 hours (assuming STR) on these properties and the majority of your time you should be able to move the losses to non-passive.
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11 February 2024 | 2 replies
In a second case, a trustworthy HVAC rep replaced the logic board for us at <$400 price, which is very reasonable.Furnaces are very expensive to replace, and I'm finding that HVAC companies will often jump to recommend replacement when it is not necessary, because replacements make them a lot of money.
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10 February 2024 | 7 replies
The test for REPS is 750 hours and more than half your time.
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10 February 2024 | 6 replies
Once you close on a property you're then assigned a customer service rep who will contact you weekly for the first month just to build a relationship.
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9 February 2024 | 5 replies
The key is in the interpretation of the passive income rules and guidelines which define what is a REP (real estate professional), as it relates to this space.I am looking for:1.
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7 February 2024 | 3 replies
I understand the qualification criteria for REPS but have a slightly unique situation that I haven't found any answers for by searching...99% of my income is from my insurance agency that I solely own.