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14 August 2017 | 4 replies
I believe you'd need to be (genuinely) INTENDING to move in within 60 days of closing. ie.
14 August 2017 | 5 replies
Since the Mobile Home community is so small, my name is slowly becoming recognized in the market and people are asking me to do it all but I turn down or don't respond to many requests.
14 August 2017 | 1 reply
After all the reviews I've looked at online and lunches I've attended, I can only learn so much from each (on top of the fact that I don't know which reviews are fallacious and which are genuine).
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24 August 2017 | 2 replies
Many states do not even recognize Rule 504 and thus, do not even allow the exemption in their state.
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5 September 2017 | 28 replies
His rent is a good 40% below market (inherited tenant)He doesnt seem to recognize that he is going to get locked out soon and sent me two texts today asking if i was getting his payments, and telling me that he will be sending another friday.I honestly feel bad for the guy, he took decent care of the apt but was constantly late/behind, he has a tough/seasonal job.
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23 August 2017 | 4 replies
I want to build a crazy following as I get to the top, I want the following to be genuine and none of that bot stuff where they follow and unfollow people in order to get followers.
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30 August 2017 | 27 replies
Scraped off the internet: IRC Section 1031 (a)(1) states: “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment.”Your best bet, like others have mentioned, may be to sell the house, use the capital gains toward the outright purchase of a house in Idaho, pay the income taxes taking advantage of the $500,000 home sale tax exclusion and pay the full tuition amount.
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29 August 2017 | 28 replies
The 1031 Exchange allows an investor to defer the taxes indefinitely, and the taxes can be completely eliminated upon death with the step up in cost basis, while the monetized installment sale realizes the gain (but not recognizes the gain) and the investor will never qualify for the step up in cost basis.
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30 August 2017 | 88 replies
You mention that you are familiar with the stock market, and if that is genuinely the case, then you know that only idiots think that they can actually beat the stock market average returns over the long term.
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27 August 2017 | 4 replies
I recognize that I may need to work with more than one PM, depending on the area where I end up purchasing.