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26 February 2018 | 42 replies
Beyond those questions, I was under the impression that to rent to Section 8 tenants my property had to qualify for Section 8.
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16 February 2018 | 2 replies
Furthermore; you can expense/capitalize items directly related to the rental portion.3) When you sell the building - The personal portion of the residence will qualify for section 121 exclusion(250,000 or 500,000 depending on filing status) and the rental portion will qualify for a like-kind exchange.
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18 February 2018 | 7 replies
Marketing yourself and your deals is key for wholesaling.That is a very valuable skill which we'll come handy if you ever have to raise capital.
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17 February 2018 | 3 replies
The lender just called and said they will not accept the rental income from my current home unless the next home I buy is 100 miles away; so that makes my Debt to Income ratio at 53% and far to high to qualify for any mortgage.
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17 February 2018 | 3 replies
We are buy and hold investors looking for cash flow-I am not qualified to be a cashier at Wall Mart!
24 April 2018 | 46 replies
Again, consult with a qualified attorney for your jurisdiction.
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13 April 2018 | 13 replies
our income is too high to qualify to make Roth contributions.My 457B Plan offers the Roth so up to $18K or so per year can be contributed.
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18 February 2018 | 4 replies
Typically, if people don't want to list on MLS during a seller's market, it means either the property is not likely to qualify for traditional financing, which could work in your favor, or they want more than the property is actually worth and can't find an agent to agree on a listing price, which could be a major barrier- you might try to see if you can find this info out.
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5 March 2019 | 46 replies
Time is money, providing you have the money if you can farm out a job that would take skilled workers a week but you a month think about doing so.
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14 March 2018 | 9 replies
Speaking with the current manager, he says there is demand for the units and when first renting out was getting 5 applications per day until filled, but that only 1 tenant in about 25-30 applicants was qualified.