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10 March 2024 | 5 replies
In most cases you cannot charge two different tenants for the same time period (double dip).Pet fees/pet rent: Local laws vary, but there are often addiitonal deposits, fees, or rent for allowing pets that don't qualify as service animals or emotional support animals.
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10 March 2024 | 2 replies
We did not know the area, city laws were different, I was not allowed to fix things because I was not a registered contractor in their city, we couldn't keep tenants and the ones we did keep wouldn't pay.
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10 March 2024 | 4 replies
The repairs needed are estimated at 80k (this is a high estimate to allow the investor to chose roof type and other contractors in the area for some other repairs needed).
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9 March 2024 | 4 replies
Just keep in mind ADUs are getting around $50K in value for an appraiser (and may deduct $10K in value for not having a garage). 3.
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9 March 2024 | 14 replies
I told them that I had already paid an extra 3% service fee, which they could deduct from the balance, but they claimed it was already included in the mortgage and could not be used for a refund.Now it seems they are fully scam.how can I do to get my money back, I have lost around $6062 USD for this case.Because it is criminal, can we report to police and get the money back?
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9 March 2024 | 12 replies
To answer the original question: No you cannot keep homestead, you need to update insurance - it's a few hundred more per year if anything and you will continue to be able to keep your property tax deduction until you purchase another home in Texas you would rather apply it to.
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8 March 2024 | 5 replies
So I'm analyzing a deal in Philly currently and I'm being told by the owner that it's a triplex but I'm only seeing two listed units on Zillow (I can't check the actual MLS since I'm not licensed). I'm of course going...
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9 March 2024 | 2 replies
You can leverage most of the purchase and rehab, which would allow you to still purchase both deals.
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6 March 2024 | 20 replies
My taxable income is actually so low in 2023 that if I take the $25k special allowance deduction for passive losses and the regular standard IRS deduction, my taxable income is negative.
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9 March 2024 | 10 replies
The determining factor will be line of site and distance from any road you're coming off of, as to where they will allow you to put a road.