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7 September 2021 | 6 replies
It will be simply are you able to demonstrate an investment intent.So what a great way to pull tax free cash out while still deferring the rest of that profit.
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14 September 2021 | 5 replies
The wholesaler who is too unknowledgeable or incompetent to ever conclude a successful sale and costs the seller precious time by tying up the property in a contract that won’t ever close4.
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7 September 2021 | 3 replies
As @Tarik Turner referenced, the other way that some lenders allow for STR properties is by simply diverting all STR-use properties into their "No DSCR" Programs.
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16 May 2022 | 14 replies
Also see if you can transfer your property tax basis.If you don’t sell, your insurance costs will eventually climb to 1-2k/month which simply isn’t worth it imo.
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4 October 2021 | 2 replies
No, I believe depreciation recapture simply gets added to your ordinary income, and then taxed accordingly (Max 25% for the recapture).
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3 October 2021 | 6 replies
@Aaron Vargas You simply setup a bank account for each property to track the rents and expenses for the property and distribute the excess when you want.
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10 September 2021 | 36 replies
What would stop you from simply managing the STR yourself?
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12 September 2021 | 7 replies
It is simply more risk for more reward.
8 September 2021 | 3 replies
I have looked into property radar... and most properties simply list an LLC and a mailing address.
8 September 2021 | 3 replies
Any contracting business large enough to do this would simply do it themselves .