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28 February 2020 | 3 replies
I listened to tons of podcasts already and every day I feel more and more hooked to real estate.This is a hot area so prices are high compared to the rest of Spain.
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28 February 2020 | 6 replies
That said, what my accountant told me is typically you are credited for the taxes that are unpaid, and it is a reduction to your asset cost, basis. that sounds different from the advice given above.
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5 March 2020 | 2 replies
I would like something that allows me to create "projects" on a per property basis and has places to place all the pictures and scanned documents (picture of front, picture of back, picture of kitchen, MLS listing, etc...), can do some of baseline calculations (like the BP calculators - which are awesome!)
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3 March 2020 | 5 replies
As for things that aren't part of the building, like appliances, it depends on how your tax basis is setup - if the original appliances were part of the building's cost basis, you might have to treat as Opex, but if they were segregated and tracked as their own assets, you'd have a capital disposal and a new CapEx purchase.
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28 February 2020 | 5 replies
The BRRRR method is discussed in the forums everyday.
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29 February 2020 | 3 replies
It's in Chicago in July and for every day of the event.
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21 July 2021 | 12 replies
It is "only" 6 days this year and we always go every day.
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23 March 2020 | 1 reply
In recent years, the central Florida powerhouse has attracted over 75 million annual visitors — more than the total population of France, England, Colombia, or Thailand.While everyday residents in Orlando may not love these tourism statistics, vacation rental hosts and property managers are licking their chops.
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28 February 2020 | 2 replies
We have a friend who made over $275k last year & literally paid $975 in Fed & State due to legit deductions, tax deferred accounts, by exploiting known legal tax loopholes, & by structuring their finances in such a way to avoid everyday tax liabilities etc etc.Corporations do even better than that as taxes are based on profits NOT revenue.