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23 January 2025 | 11 replies
Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.
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26 January 2025 | 7 replies
Me having several thousand good reviews help, but personally I would not book a property with 0 reviews.
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25 January 2025 | 10 replies
We would want to use it for personal use probably one per year.
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13 February 2025 | 8 replies
I have not done it personally but have some insight, maybe my reply may boost your post to someone with more experience in it.
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27 January 2025 | 8 replies
Overall I would personally consider how I can still grow with the freedom that I have focusing on my real estate.
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13 February 2025 | 19 replies
Yes, in theory a person can make CRAZY $$$$, and some absolutely do.
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28 January 2025 | 5 replies
So it's just personal preference and budget for a host.
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11 February 2025 | 8 replies
ALSO, You can buy your personal home that is a rehab, fix it up then live there for 2 years.
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1 February 2025 | 10 replies
My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.Just my .02note: I don't participate in his deals.
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3 January 2025 | 12 replies
You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids.