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26 June 2024 | 2 replies
Thirdly, if the losses can only get carried forward to selling time when I realize capital gains, then isn't there the rule (i forget the name) which allows you to sell, and buy another house within few months, and hence you don't have to pay any capital gains on the first house?
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26 June 2024 | 16 replies
But there are some HOAs that make you pay your own electric and other utilities.
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26 June 2024 | 18 replies
If the deed holder is a Wyoming LLC, paying recurring registers agent fees (if applicable) is still going to be more cost effective relative to transferring the asset.
26 June 2024 | 34 replies
I pay 7% for the heloc can I charge my business 12%?
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27 June 2024 | 1 reply
The owner was going through a divorce and had an SBA loan that he was behind on paying.
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26 June 2024 | 2 replies
The rate, the sale pay the closing cost and the grow of the area What was the outcome?
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26 June 2024 | 11 replies
Also, you will pay ordinary income tax on whatever gets distributed to you from the inherited IRA, so the $100,000 you are talking about "pulling out" from the inherited IRA (assuming you mean as a distribution) will be taxable ordinary income this year.However, you do have the option to invest the inherited IRA in real estate with a self-directed (inherited) IRA.
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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26 June 2024 | 10 replies
Regardless of the real estate type, I think it’s more productive to just make $600k a year in your job and get some great properties in great locations, enjoy the tax savings, and let time do its thing with appreciation and mortgage pay down.
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26 June 2024 | 2 replies
Here in Denver, it makes so much sense to add that room or just pay a little extra for a 5br house up front.