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15 January 2025 | 11 replies
Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.
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20 January 2025 | 11 replies
I have a property management company manage them as I have a full-time job, wife, and 2 boys.
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17 February 2025 | 9 replies
Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.
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1 February 2025 | 2 replies
Quote from @Obed Calixte: Did I read that right.... 1/10th acre??
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10 February 2025 | 5 replies
@William Grantham welcome to the site!
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9 January 2025 | 21 replies
Thanks for reading!
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6 February 2025 | 2 replies
Hey Llamier, congrats on taking the leap!
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13 February 2025 | 22 replies
It basically exempts the first $75k of value from the assessed value for the millage (among other things).
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14 February 2025 | 13 replies
The north part of Houston, specifically Spring, Tomball, The Woodlands, and Conroe are great.
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22 January 2025 | 25 replies
According to what I have read straight from the IRS website and other places, we need to either meet 500 hours, or at least 100 hours and also work more than anyone else on the property.