27 October 2018 | 4 replies
That would be an easy way to connect with some.
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24 September 2018 | 6 replies
The book is referring to the passive activity loss limitations imposed by Sec 469.You'll still be able to use expenses to offset revenue, you just won't be able to use a tax loss on the rental to offset other taxable income if you're above $150k in AGI.
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23 September 2018 | 10 replies
What earnings procedure are you referring to. i am guessing you mean the interest on the tax lien.
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26 September 2018 | 4 replies
It's certainly not an easy or quick process but it can be an excellent way to literally build equity into your property and get a home designed just how you like it.
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26 May 2019 | 9 replies
If the terms of the mortgages were refinanced into 30 year AM (amortization) the P&I (principle and interest) payments would appear much lower and hence the resulting cash flow would be much higher when they (lenders) go to calculate your cashflow for DTI or debt service coverage purposes.This also could be an issue with how you file your tax returns for all of these 15 doors or a combination of the above.Either way its really easy to fix.
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17 December 2018 | 17 replies
Gotta +1 @Ron J. on the reference to airDNA, since that seems to be where a lot of market data resides (screen shot below for New Bern).
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25 September 2018 | 6 replies
Fees should be clearly stated, easy to understand, and justifiable.
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26 September 2018 | 8 replies
Shows a decent area in Trulia but income appears to be in mid 30K annually- refer to justicemaps.org.Duplex has both floors rented currently and is cash flow positive at this time.
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23 September 2018 | 4 replies
You need a contract signed by the buyer and all current owners... also referred to as a Purchase and Sale Agreement or PSA.
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24 September 2018 | 2 replies
All the gurus make it sound easy, but the people I have written in these forums asking about it have all said something like, “I’m working hard, and one day I’ll get that deal!”