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18 February 2024 | 3 replies
., tax records for the parcel), but that takes some time, and some digging.
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19 February 2024 | 5 replies
I'm paying about the same to live in my house as I was splitting a 1-bedroom apartment with a roommate, but now I'm seeing that appreciation, sweat equity, and tax benefits you touched on.I love reading comments and posts like yours to give me a refresher on why I got into a house hack in the first place.
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19 February 2024 | 9 replies
Remember, they can always refer themselvesđNow, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that canât take care of their house anymoreHas a house theyâre having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?
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18 February 2024 | 1 reply
Closing costs vary based on State and County for Taxes, Insurance, Doc stamps, transfer taxes, Title, and every Bank/Lender requires different points/hard costs.If you have any specific questions of if your just getting started feel free to message me or reach I out.Â
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18 February 2024 | 3 replies
@Sara HabtomJ Scott's book pair about flipping and estimating flips was pretty comprehensive and no upselling.Amanda Han's two books on tax strategies were also pretty good starters.Â
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16 February 2024 | 2 replies
Hi all, Do you guys pay income tax on the rental properties you own in the city of Cleveland?
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19 February 2024 | 38 replies
On the other hand, a SFH is generally farther from the water (I'm trying to stay within golf cart distance to the beach), has less amenities than a condo, and higher property taxes, but seems like it would offer more appreciation than a condo.
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18 February 2024 | 4 replies
Good choice :)Being able to start a journey of deferring that tax will compound for you as long as you keep the new properties or do a 1031 whenever you sell one.Â
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20 February 2024 | 24 replies
What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).
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18 February 2024 | 2 replies
If you combine them then the courts (and tax courts) deem it a loan and cause a foreclosure action and you to be taxed differently than if it was a lease property.Â