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12 March 2024 | 10 replies
Check out Zillow hottest housing market of 2024: https://www.axios.com/2024/01/10/zillow-ranking-hottest-real...Cleveland is a great market to focus on for cash flow.
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12 March 2024 | 3 replies
You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings in your area.
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13 March 2024 | 25 replies
I went ahead with a different company and installed the water heater and didn't get the check from them for several days.
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12 March 2024 | 24 replies
If you can get it even Mortgage+HOA/Rent that will be impressive and if your credit checks out you will definitely have solid cash out options.
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13 March 2024 | 16 replies
Just always good to check local building codes to ensure this method is allowed.
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12 March 2024 | 7 replies
Yes- you can, but you should check with your accountant and QI to verify exactly how that effects your liabilites.
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12 March 2024 | 17 replies
You might check your leasing agreement with them.
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12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
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12 March 2024 | 40 replies
This guideline has shifted over the years as property values and interest rates have increased, but the guideline should be a good initial indicator if a property will or will not cash flow.If you are looking for more information about the 1% rule or alternative analysis metrics commonly used in real estate, go check out 1% Rule In Real Estate: What It Is And How It Works!
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12 March 2024 | 5 replies
Check the ARVs....