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14 October 2024 | 3 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
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14 October 2024 | 420 replies
The knowledge sharing is very powerful.
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11 October 2024 | 12 replies
In fact, people are more likely to sell and move elsewhere if they are overwhelmed with the damages.
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13 October 2024 | 8 replies
They really don't have the power or right to place any kind of lien on the property while they simply have it under contract and aren't doing any improvement to the property.
12 October 2024 | 8 replies
Pays power but water /sewer are unpaid for 2 years & accruing in my name & they won’t shut off water to an “occupied” house.
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15 October 2024 | 14 replies
Keep growing that Roth IRA, as the principals of compounding interest in the absence of taxation are powerful!
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15 October 2024 | 21 replies
It can be an extremely powerful tool to start to scale.
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16 October 2024 | 32 replies
Now dont get me wrong purchasing power is something else all together.
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12 October 2024 | 4 replies
While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, and loss of safe drinking water than lasted for two weeks.
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14 October 2024 | 22 replies
This means that theoretically, you could afford purchasing power of around $660,000 if you have $100,000 for the down payment.