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21 January 2025 | 9 replies
Personally, I'd start looking in markets you're familiar with, similar to what you said in your post.
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29 January 2025 | 23 replies
A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.The downside of using FHA or a FHA 203k is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.
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16 January 2025 | 5 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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31 January 2025 | 12 replies
You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more.
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15 January 2025 | 13 replies
Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.
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19 January 2025 | 42 replies
I can't just put the LLC's income directly into my joint personal tax return, right?
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17 January 2025 | 9 replies
Attend in person networking events in your area (there are many in and around Vancouver).
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7 February 2025 | 2 replies
I personally know several blue-collar millionaires from HVAC techs to plumbers.
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17 January 2025 | 6 replies
@Mario Morales - Personally, I would do some research in your target market and search (even it on zillow) for 2-4 family properties and see what agent(s) seem to transact the most in that space.
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29 January 2025 | 12 replies
I want to exit as I don't get any personal use from the STR being 20 mins from home and would rather apply the capital to another opportunity in multifamily (LTR) or another STR in Hawaii where my brother is a broker and now manages STRs.