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21 January 2025 | 27 replies
I've been buying and selling properties since 2019.
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11 January 2025 | 7 replies
I don’t have a loan on the property and hold it cash, but, if I sell it would lend the profits as hard money and earn 10%+.
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16 January 2025 | 40 replies
You can't sell your account.You can only sell SFR properties based on comps not rental income.
13 January 2025 | 7 replies
Selling an investment property, especially one with a low interest rate, shouldn’t be taken lightly.
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12 January 2025 | 2 replies
I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.
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13 January 2025 | 1 reply
I'm willing to sell the other at cost.
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16 January 2025 | 23 replies
Sell it now and take the L.
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15 January 2025 | 18 replies
Other considerations are the lost costs to sell and re-purchase other properties.
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12 January 2025 | 8 replies
To reduce taxes, offset gains with selling expenses (e.g., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.