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29 March 2024 | 8 replies
When selling your primary residence, you're eligible for a significant tax advantage: individuals can exclude up to $250,000 of capital gains from their income, and married couples filing jointly can exclude up to $500,000.
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29 March 2024 | 17 replies
I would mention to them that you are looking to build a portfolio- a constant source of deals normally entices small banks.I would think is the safer route, rather than holding the property under your name where you have liability from a number of different angles.Likewise, if you are having trouble securing bank financing, you may want to look into a bridge loan, prove out the income for a year, and then circle back with a bank.
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31 March 2024 | 3 replies
I own a condo I'm looking to sell creatively, as the underlying debt terms are very attractive ( 3.625% 30 Year fixed ).
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31 March 2024 | 4 replies
Here are tips to limit tax liability.Image: HouseLogicMost homeowners aim for a substantial increase in home value – and many are achieving it when they sell their primary home.
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31 March 2024 | 61 replies
Or selling new construction .
31 March 2024 | 0 replies
For those unfamiliar, these structures offer varying commission rates based on the sell price.
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1 April 2024 | 12 replies
Regarding cash vs financing, a cash offer might be more enticing to the investor selling the property since it won't be dependent on an appraisal, but leveraging debt is where the real wealth will be built long term.
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31 March 2024 | 7 replies
After making these repairs the plan would be to sell each of these homes for 'several thousand dollars' and collect pad rent thereafter.
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1 April 2024 | 10 replies
Your lender may or may not allow you to sell the property (quitclaim) to your single owner LLC but you have to reveal who the owner is, that conflicts with the secret status plan.
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31 March 2024 | 11 replies
@Joe HomsEveryone wants to sell the hype as next big thing - but for lead gen it meant to see some track record with it