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3 June 2024 | 3 replies
Tax Benefits Once Built- Deduct depreciation and cost of maintaining the property - Deduct mortgage interest if a loan is taken outWhile I am not an accountant, I do not see where it would save you much, if any money at all.
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4 June 2024 | 10 replies
Save for down payments and reserves by creating a budget and considering side hustles or additional income streams.
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4 June 2024 | 42 replies
The second question to ask is can I be successful wholesaling , what are the true income possibilities, what are the time commitments, etc.
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2 June 2024 | 9 replies
Have you checked to make sure no one else has tried to access your account?
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4 June 2024 | 9 replies
Josh - I think the exercise that would be good to go through is to develop a pro forma showing your current revenue/expenses/income as well as a projection for future years.
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2 June 2024 | 12 replies
If no, then what’s the income they would like me to have?
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2 June 2024 | 2 replies
After a tenant moves in, we normally call to verify with the utility provider that the tenant has setup their own utility accounts.
3 June 2024 | 4 replies
Best thing you can do to maximize your entitlement is to choose a 2-4 unit so you can have a higher county loan limit and you can use 75% of the other door as income to afford a higher purchase price.
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2 June 2024 | 5 replies
I can refer you to an accountant that specifically specializes in working with H1B visa holders.