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23 May 2019 | 14 replies
If you are married, your spouse might be able to become a real estate professional if self employed in the real estate industry or looking to change careers/start working in the real estate industry.The easier route to take would be to invest in another property that produces net taxable income (property 2) and use tax losses from property 1 to offset property 2 taxable income to zero.
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30 March 2014 | 4 replies
And for me depreciation does come into play as I am self employed and in the bizz So NOL and depreciation are considerations.
27 April 2014 | 25 replies
How much leverage do you figure success real estate investors (as defined in my original post) employ -- more than the typical 5:1 or 4:1 that can be found in ordinary mortgages?
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10 October 2019 | 50 replies
So, if you decide to go to college, then maybe get a business degree.In general, college prepares you to be employable not to become an investor.
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20 August 2015 | 30 replies
You are now starting to see evidence that rent is also decoupling from income.Naturally, this cannot continue, eventually employers will be compelled to relocate, or virtualise, to both afford facilities and retain a productive workforce.The difference with LA and Vancouver is that the average house price in LA is in the $500,000 range; so although both the housing price and wage growth rate in LA or the US may not necessarily be materially different than that of Vancouver, just the average price varaiance of a house in both cities will tend to make Vancouver seem more unaffordable.Housing and its affordability is a serious issue.
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13 April 2014 | 15 replies
If you're going to continue investing in low-income units, I would suggest you employ a good property manager.
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11 December 2019 | 4 replies
It's also good that your subject line of your post actually indicates what is going on and what your question is..........Too many posters have been starting an annoying trend of "click bait" where the title of their thread may be something like...You're not going to believe this!!!!!!!!!!
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10 January 2020 | 2 replies
Employment history... is there any where that could finance a mortgage?
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16 January 2020 | 5 replies
Even if you old it for more than a year, but your property is flip, you are going to pay ordinary taxes plus self employment taxes if you do it regularly.
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15 January 2020 | 21 replies
As of the last 4 years we have developed a performance metric based probationary employment which allows applicants to demonstrate their skills.