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22 April 2024 | 4 replies
Living & investing in Southern California forced me to learn creative strategies in both marketing & acquisition to competitive.
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21 April 2024 | 9 replies
I live in Georgia and he lives in El Paso, TX.
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23 April 2024 | 14 replies
Plus, you can listen to them while you're in the car or doing other things.Attending some live events is also really helpful.
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22 April 2024 | 0 replies
The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?
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22 April 2024 | 4 replies
What I want to do before September (when the school year starts) is find something like a 4 or 5 bedroom house and then live in one of the bedrooms and rent the other bedrooms out to other medical students.
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22 April 2024 | 15 replies
There have been several high-cost damage issues and one where they are at fault and confessed to, resulting in thousands of dollars, that have put me in the hole to the point I won't make anything off of this year's lease.We live in Colorado and it's made it difficult to manage, even with paid professional services, so we are selling as soon as they can vacate.
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21 April 2024 | 2 replies
I got divorced last year and I kept the lake house, but I also bough 3 more properties and I'm already renting 2 and I live in one.
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23 April 2024 | 31 replies
I live 2.5 hours from there and initally I started out completely on my own, with a local housekeeper that I found from Angie's List.
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22 April 2024 | 3 replies
I live very minimally at home currently, still with my parents, so I would only be spending about $350 a month total, including the loan (assuming I can get it for the time period I calculated, which is 3 years), so I would still be able to put aside about $11,000 for school, a car, and the downpayment for my first deal.
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21 April 2024 | 3 replies
When I was six, my family of six lived in a 600ft trailer with two bedrooms and one bath.