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6 June 2019 | 57 replies
Individual bank accounts nicknamed on each property to keep things consistent with bookkeeping.
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3 June 2019 | 8 replies
Glad to be among individuals who have similar interests and goals.
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30 May 2019 | 6 replies
@Taylor Chiu it’s across the street from that property same block literally kitty corner and that house hasn’t been updated.
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31 January 2021 | 68 replies
Maybe starting with a property close to you is a good building block...
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29 May 2019 | 1 reply
One thing to note when looking at the individual markets, you can make or loose money in any market.
29 May 2019 | 3 replies
and the best: it was listed and valued as a 800sqft studio, but is really three individual houses (two 2/1, one 1/1) totalling 2425sqft on 1/4acre - massive equity in there, let me know if you are interested!
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2 June 2019 | 9 replies
Fed allows up to $15k per individual.
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4 June 2019 | 31 replies
Loans are based almost entirely on the financials of the property not the individual.
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6 June 2019 | 14 replies
I think it's going to depend on the market, and individual tolerance/desires for return, when you start looking at cap rates and so forth.
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31 May 2019 | 1 reply
An individual qualifies as a real estate professional for the tax year if -a. more than 50% of the personal services performed by the taxpayer in all trades or businesses during the tax year are performed in real property trades or businesses in which the taxpayer materially participates; The rental or any other activity that you do not materially participate cannot be counted. andb. the taxpayer performs more than 750 hours of service during the tax year in real property trades or businesses in which the taxpayer materially participates., the rental or any other activity that you do not materially participate cannot be counted.