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Results (10,000+)
Angelo Mannina looking for options
3 April 2024 | 2 replies
I sustained back injury on the job.
William R Bebout Jr Newbie from SWVA - Hello
3 April 2024 | 5 replies
I'll probably be back here whenever I panic about not knowing how to do something :-).
Mark De sagun FHA 203k loan experience?
3 April 2024 | 20 replies
@Mark De sagunThe banks only hold back payment if the contractor doesn’t do the work on the SOR that is developed by you and your 203k consultant.
Account Closed Is A.I. over hyped?
4 April 2024 | 8 replies
So, to repair the damages of a weak performance last year I went back to my system and closed more deals.
Roy Mitle Renter demand laundry and dinner payment because appliances broke
4 April 2024 | 42 replies
Store will deliver and install and it will take them a week to go there (they are backed up etc etc).
Joe Villasenor New member looking for advice
4 April 2024 | 6 replies
My goal is to start to buy rental properties so I'm able to take a step back from my day job.
Jon Leidgen One LLC for multiple properties or individual LLC’s
3 April 2024 | 6 replies
Somebody wanting to sue for you backing out of a bad deal or accusing you of selling them a property with defects like unknown termite damage).
Joseph Waitkevich LLC/Real Estate Attorney Help
3 April 2024 | 3 replies
After months of calls, emails and texts our attorney has not gotten back to us once.
Ayyoub Feza compete with vey low rent
3 April 2024 | 7 replies
Hi, If a rental property come to market with $400-500 lower than market and be close to your rental property that you posted one week back, what will you do?
Carolina S. Capital Gains or High Interest Rates
3 April 2024 | 3 replies
So there are a few ways to look at this, the 1st question is are you sure your renovation’s will double the property value, most renovations on primary residences, your lucky to get 60-70% of the dollar cost back out upon sale, so really nail down your comps, than you have basically a math problem if your rate on your primary goes up how long if ever before that extra payment is more than 400k in taxes, that’s just a simple calculation to help you decide, but I suspect you actually have a different question here, from a purely financial perspective my guess is the best option is to do anything to avoid that tax hit, but one of the reasons to make money is to spend it on things that you enjoy, based on your overall financial picture and a subjective view of how much enjoyment you will get out of a renovated home, you should decide if you want to roll your profit into another deal or “cash-out” your winnings, I love cars and I’m willing to spend more than is fiscally smart on them because they bring me joy, there is nothing wrong with that, but i don’t think it’s a fiscally smart choice, without knowing your exact property id imagine a renovation would fall into that category, so that’s the terms I would use to decide.