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5 April 2024 | 12 replies
I get audited about 4 times per year from different lenders based on the assets original closing dates...
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6 April 2024 | 22 replies
Based on my 20 years in Tampa, I'd strongly recommend considering it.
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4 April 2024 | 16 replies
YES, CMHA may pay 100% or a % from the tenant based on their income.
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3 April 2024 | 7 replies
You might have wonderful memories of grandma’s house and know it’s incredibly safe based on fond memories of playing cops and robbers with your friends at night, but guests have their own point of view.
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5 April 2024 | 12 replies
Trust your instincts, gather as much information as possible, and make informed decisions based on the current market conditions.
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3 April 2024 | 2 replies
On the phone, he tried to claim he has 10K missing (he doesn't...).
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3 April 2024 | 14 replies
Deborah Saddler, the information that I'm organizing at this time is more based around RE definitions and concepts, as opposed to formulas in Excel.
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5 April 2024 | 9 replies
For the purposes of calculating the limited interest deduction, the total mortgage debt owed would include both the individual mortgage on Unit A and the owner's share of the underlying mortgage.So, the total mortgage debt owed would be $800,000 (individual mortgage) + $200,000 (owner's share of underlying mortgage) = $1,000,000.Therefore, the owner would be limited to deducting mortgage interest based on this total mortgage debt of $1,000,000, not just the individual mortgage.Thus, the deduction for mortgage interest would be calculated as:($750,000 / $1,000,000) * $40,000 = $30,000Therefore, in this scenario, the owner would be able to deduct $30,000 of mortgage interest for federal income tax purposes.
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4 April 2024 | 8 replies
The loan is based on the income of the property for qualifying purposes (in addition to credit score) versus your personal income.
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4 April 2024 | 16 replies
Identify your target market - Research different locations based on your chosen strategy.