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6 March 2019 | 7 replies
No, however it's easier for tax reporting if it's going to be used for 100% business purposes.If mixed use, generally it's better to keep in the name of the individual.
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11 April 2019 | 2 replies
So Philly is a city composed of individual micro markets that vary from neighborhood to neighborhood.
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8 March 2019 | 57 replies
The one that is difficult to tell because of each individual tax situation is depreciation.
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5 March 2019 | 1 reply
You can do this as a private individual from your personal page but I think a business page is better just to keep your personal life separated.I advertise rentals all the time on facebook and it generates a lot of traffic for me.
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5 March 2019 | 5 replies
@Zachary Pinkston I don’t know about that, it would be nice to get those as a triplex but I believe since they all have their own individual taxes on it they are considered each asingle family, unless he can find a way to get them reclassified as a triplex/multi-unit, I don’t see it.
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5 March 2019 | 0 replies
I noticed that ListSource gives a lot of individual unit owner info in their MF lists when I search for buildings with 2-100 units.
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5 March 2019 | 2 replies
This is how I structure and teach all of our deals.
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6 March 2019 | 7 replies
Is the median income trending up, etc.Once you start getting into individual neighborhoods you probably want to look at crime statistics, foreclosure rates, etc.Is it possible to find a deal in a well established market using the 1% rule?
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17 June 2019 | 22 replies
Thing is you've got to buy duplexes as individual deals with individual residential mortgages.
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6 March 2019 | 3 replies
I like helping individuals that want the relationship long term and need help in the process.I think residential will get watered down faster with AI programs because it is not usually as complex as commercial real estate.