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13 March 2024 | 8 replies
If you split that in half and then pay taxes... not that much left.
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13 March 2024 | 16 replies
I advanced 50k to pay back taxes.. 2. like most contracts for distressed property it was all cash at close.3. on the closing date I moved in all the cash to buy it 6 figures 4.
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12 March 2024 | 10 replies
Currently, the principal, interest, taxes, and insurance (PITI) amount to $3,329 monthly.
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12 March 2024 | 1 reply
Not a real estate professional for tax purposes, but currently have experience with 1 other rental.
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12 March 2024 | 7 replies
Want to sell the cheaper lot but not sure how to figure the taxes.
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12 March 2024 | 105 replies
Solutions: expand National Historic Rehabilitation Tax Credits, preservation tax credits, save the historic and as Baltimore likes to call it charming housing.
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12 March 2024 | 13 replies
I'd recommend getting a free cost/benefit analysis quote from a cost seg company to determine if the tax benefits would outweigh the costs.
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12 March 2024 | 2 replies
If so, is there certain steps to take to qualify for the tax advantages?
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12 March 2024 | 7 replies
To clarify @Jason Wray's response, monies pulled out of an exchange are called "boot" and you pay taxes on them.
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15 March 2024 | 31 replies
Or the option to refi in a few years and get another in the same situation, with tax free money.