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15 November 2024 | 14 replies
STR have become I'll buy a place and hope it rents to a lot of people using em for just tax breaks.
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4 November 2024 | 6 replies
You also have two major holidays coming in the US (Thanksgiving and Christmas and construction will slow down as people take time off).
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13 November 2024 | 22 replies
In the spirit of order of operations, might be helpful to break down in this fashion: 1) With your 401(k), do you have pre-tax money and post-tax Roth funds?
10 November 2024 | 1 reply
I hit 2 years at this home and tried crunching some numbers to see how much I would need to sell my current home for to break even with escrow/interest/reno costs.
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11 November 2024 | 29 replies
I would also add some motion sensor lights to help discourage people from trying to break in / make them re-think breaking in.
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13 November 2024 | 15 replies
Depending on the market and your monthly PITI, you can still break even or even cash flow.
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11 November 2024 | 9 replies
You need two years of experience under a Broker before you can break out on your own.
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8 November 2024 | 9 replies
I think you will probably need 4-5 bedroom to make it work close to break even and you may even need to rent out your bedroom occasionally when the opportunity presents itself.
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12 November 2024 | 15 replies
I didn't get into investing to break even or lose money...
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16 November 2024 | 21 replies
Here’s how it breaks down:- Normal Depreciation Recapture: Recapture is taxed at a maximum rate of 25%, regardless of REPS status, plus any applicable state tax.