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3 June 2024 | 0 replies
If so then folks could sell real estate, book profits based on the value of the Gold, but log a transaction that was technically a loss (tax write off) based on the face value of the legal tender.
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3 June 2024 | 16 replies
What I have seen so far as another newb who is probably not much further than 5 minutes ahead of you in the REI journey:It will not matter during the acquisition process (unless you are finding your own off market deals).CONS:-Not great to deal with tenants because of privacy reasons.
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4 June 2024 | 43 replies
I bet your agent is doing their best but maybe take the listing off and try FSBO or meet a few more agents and see if they can suggest a different approach.I'm gonna probably do that, I will leave my listing active until end of the month or mid April and then either, remove and relist as FSBO or find another agent to give fresh approach.next, i would consider MTR in the interim, it might be better to have it cashflow and cover some of your expenses like HML and holding costs. while keeping the listing active.
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3 June 2024 | 20 replies
You would be better off if you have the resources to get your own construction loan and builder to build the spec.
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3 June 2024 | 3 replies
As one of the owners, alongside Peter Vekselman, our goal is to support and guide you through your real estate investing journey.About Partner Driven100% Financing: We cover the costs of acquiring and rehabbing properties, removing a significant barrier for many investors.Coaching and Support: We offer ongoing coaching, deal review, and team support to help you succeed.Profit Sharing: We operate on a 50/50 profit split, ensuring that both parties benefit from successful deals.Comprehensive Tools: Access to software for finding and tracking off-market and pre-auction properties.Real-World ExamplesTo get a better sense of our work and see some of the successful deals we’ve done with our partners, please visit my BiggerPockets profile.
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3 June 2024 | 8 replies
I have a finance degree and on took courses in real estate taxation, and still use a preparer to double check what I did, have him sign off on my returns as preparer.
31 May 2024 | 8 replies
You would literally be better off selling and buying the neighbor’s condo to rent out.
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2 June 2024 | 112 replies
Word of advice, do not pay a contractor a penny upfront, you will 99% chance, be ripped off.
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3 June 2024 | 2 replies
First off, you’ll need to choose a name for your LLC.
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4 June 2024 | 6 replies
Practice these answers until they roll off the tongue.