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17 October 2024 | 47 replies
SMS is just a cheaper way to waste money on bad lists that dont target true motiviation of "have to sell" vs "like to sell".
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17 October 2024 | 26 replies
Weekends brings in people visiting family or going to a foot ball game and week nights is mostly contractors or other blue collar groups needing a place for the week that is nice but cheaper than a hotel.
15 October 2024 | 6 replies
Hi John,It's a matter of opportunity cost.Yes capital is more expensive right now, but based off cyclical and long term data, asset prices begin to rise rapidly as money becomes cheaper.
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15 October 2024 | 5 replies
It is definitely cheaper to do it while you are already working on kitchen and plumbing.
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13 October 2024 | 8 replies
However dependent upon taxable income you could get away with a pretty low tax bill due to favorable capital gains tax rates.Be sure to work with a qualified intermediary and a tax professional to ensure you comply with all 1031 exchange regulations and to be sure you keep basis correct as all a 1031 does is defer your gain.Happy to help run some numbers or do some basic analysis for you if you would like.
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16 October 2024 | 11 replies
Basically my realtor says because I can count the attic as bedroom and cant count the basement as living space, that I need to price it cheaper.
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14 October 2024 | 8 replies
Mortgage brokers do typically come out cheaper than big banks.
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13 October 2024 | 11 replies
With respect to your 2 questions, 1) when you sell the property, all the depreciation taken (regardless of whether it was used to offset income in the past) is subject to recapture.2) You can reduce your taxable capital gain by subtracting the selling expenses from the sale price.
10 October 2024 | 0 replies
Cheaper mortgage rates can lead to increased homeownership, potentially reducing demand for rentals and making it challenging for rental property owners to fill vacancies or achieve desired rental rates.
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20 October 2024 | 84 replies
If you can invest at a higher return than your interest rate, I'd refrain from paying it off so you can continue to reap the tax benefits of deducting mortgage interest from taxable your rental income.