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24 April 2024 | 7 replies
I had a week between the cram course and my course final then another week for my State exam.
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24 April 2024 | 4 replies
So nothing you've stated would qualify for deductions in most states.
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24 April 2024 | 13 replies
To the tenant you either 1) ignore the email and allow management to follow up with her and state that it is in response to her original email or 2) simply state that you received it and have forwarded it to the PM with a request that they discuss with her directly and soon.
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24 April 2024 | 3 replies
Are you looking to invest out-of-state or keep it local?
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24 April 2024 | 18 replies
@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.
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25 April 2024 | 9 replies
With second home loans, the mortgage must be for one unit (I do a lot of 2-4 unit STRs), the property must not be rented for more than 180 days out of the year (limits revenue), must function reasonably as a second home (usually limits out of state investing), rental income will not qualify as stable monthly income (projected AirDNA does not play into your DTI).
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25 April 2024 | 6 replies
I live in the Pacific northwest (central Washington state).
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24 April 2024 | 3 replies
. - Back everything about your financial plan into that end state. - NOW, run your draft plan by a CFP or three.
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24 April 2024 | 15 replies
Compare that to mature vacation rental markets in your home state of Maine (as a random example).
24 April 2024 | 8 replies
It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 yearsA ton of MTR/LTR opportunities for out-of-state investors.