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15 November 2024 | 17 replies
You can also take the profit first approach and make sure you are taking profit out of your real estate on a regular basis to do with as you'd like.
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8 November 2024 | 38 replies
I am not sure I've ever seen where the tax writeoffs are different for STRs than they are for MTR's or LTR's in terms of writing losses off against your regular income.
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7 November 2024 | 9 replies
A factor I am frequently discussing with clients is the nature of our current market shifts in Texas.
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9 November 2024 | 5 replies
I will be self-managing this first rental, so I have wondered what the best way is to make sure the softener is regularly salted.
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6 November 2024 | 5 replies
By expanding density, a city like Dallas would multiply the housing supply, which naturally helps balance demand and affordability.
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14 November 2024 | 30 replies
LTR:The STR loophole can be a huge tax advantage because you can use depreciation and other expenses to offset your regular income, which is a big win.
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6 November 2024 | 2 replies
However, termites can be persistent, so a regular maintenance plan could add peace of mind and prevent future damage.For example, your pest control company’s plan charges $995 upfront for termites and $22 per month for ongoing treatment.
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6 November 2024 | 10 replies
During our first deal we'll look at communication and regular updates.
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12 November 2024 | 17 replies
Your hit rate with wholesaling will be very low, but that's the nature of the beast.
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13 November 2024 | 22 replies
As you said you are currently still employed there, so you can't do it right away until you leave employment there.Second, once you've rolled over, you can setup your SDIRA as a regular account (where fund release has to go via your custodian) or setup a LLC checkbook option, where you can write out a check for your choice of investments.Yes you will have full control over the use of funds in your rolled over SDIRA.