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23 October 2018 | 73 replies
I’d hate for him to be able to sue you because of how he was removed from the property although he has a signed lease until Aug of 2019.
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10 October 2018 | 12 replies
My cleaning lady first reported signs of a rodent when she cleaned it out in August to get it ready to rent.
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12 October 2018 | 1 reply
I am interested in wholesaling vacant land, however I struggle w/ the math portion as far as understanding how to determine your offering price...I'm sure its similar to regular wholesaling property, but how much difference in price would it be, what is the best math formula to use?
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12 December 2018 | 18 replies
@Christopher SmithAll 'trade or business' income of the taxpayer is aggregated for purposes of determining the net income limitation of S179.This means you could theoretically have a tax loss on your rentals, S179 the qualified improvement property (QIP), and have that S179 reduce your Schedule C income tax (but not self-employment tax), assuming you have net taxable income on the aggregation.I've had plenty of these conversations lately and will have a few more in the next few days for year-end planning purposes.
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15 October 2018 | 2 replies
@Mike Bowling check out the tools on the BP website (after you have signed in) Great tool for this, regarding an excell spreadsheet, you’d have to go into the files section of BP.
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29 November 2018 | 9 replies
The 2/1 side needs about 8-10k for it to become a 3/2.Right now, Our plan is to wait six months to due the renovation and have the tenants sign a six month lease for the current rent.
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10 October 2018 | 3 replies
In the event you're having trouble securing a loan you could have a parent or family member co-sign the loan for you (if they have both good income and credit).
11 October 2018 | 7 replies
I have magnetic signs on both sides of my truck.
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13 October 2018 | 12 replies
Then having the new owner sign you over the title may just work.
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11 October 2018 | 9 replies
I have a tenant who just re-signed for their 3rd year.