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4 March 2024 | 0 replies
I want to either leverage this to lower my rent to inadvertently pay for a storage unit in place of the basement, actually gain basement access, or keep it in my back pocket as there is a small chance my fiance and I want to break the lease early and this may be grounds to do so.
5 March 2024 | 26 replies
I started by continuously reaching out to some of the most successful investors in my area and offering to work for free and gain knowledge in return.
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5 March 2024 | 12 replies
Additionally while it's true you cannot take advantage of the depreciation on real property investment when inside a retirement account, that is not the purpose of a retirement account.
5 March 2024 | 4 replies
It is important to clarify this policy beforehand to ensure consistency and fairness in the application process.In addition to credit scores, other factors to consider when evaluating potential tenants include their income level, employment stability, rental history, criminal background (such as the DUI), and any other relevant information provided in the application.In this particular scenario, the fact that one of the applicants has a credit score below the minimum requirement, as well as a DUI on their record, may raise red flags for some landlords.
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4 March 2024 | 4 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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4 March 2024 | 7 replies
I've found a few houses with these additions or conversions and when I check with the city, there were never permits so I know a lot of people just do it anyway.
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5 March 2024 | 18 replies
Hey Brooke, if you're already invested in Cleveland and looking at other Midwest markets you should take a look at Detroit.I've been investing there since 2019 and it's gaining a lot more traction recently.
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4 March 2024 | 59 replies
You can have a 20+ page state and federal return and additional returns for multiple states.I say this as someone that likes accounting.
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4 March 2024 | 3 replies
Additionally, any recommendations on prioritizing things, eg.
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2 March 2024 | 4 replies
If one is renting out a percent of their personal property, that same percent of the profits will be subject to capital gains tax at the time of sale.