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11 April 2024 | 2 replies
Using a 1031 Exchange we were able to defer capital gains taxes and upgrade to the VRC.
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11 April 2024 | 0 replies
From favorable lending rates to tax benefits for homeowners, these policies are designed to encourage buying and selling activities.
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11 April 2024 | 6 replies
Managing multiple properties does come with its own set of challenges, like juggling different maintenance issues, taxes, and possibly even varying market conditions if they're not all in the same area.Here's where your financial goals come into play: Are you looking for a more hands-on investment with potentially higher cash flow from the get-go?
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11 April 2024 | 6 replies
My tax records aren't showing a zoning and neither is my MLS Advantage.
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11 April 2024 | 5 replies
Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low.
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11 April 2024 | 6 replies
It sounds like you need to consult with Eviction attorney, CPA/ Tax professional, Great Realtor and Lender for this.
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9 April 2024 | 4 replies
They said they cannot change their schedule.
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10 April 2024 | 5 replies
Rent: $4,250/ moMonthly expenses (including management): -$600Monthly Mortgage/ taxes/ insurance etc: -$2,550thanks
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10 April 2024 | 5 replies
Second, an agent no matter whether they intend to make a living at it or not needs to be able to manage their time and schedule.
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10 April 2024 | 26 replies
Market research, local expertise, networking, property management, financial planning, potential legal and tax ramifications, risk management, and long-term vision are important factors to take into account.