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5 March 2024 | 34 replies
Not too say that you should do the same thing, but it depends on your goals.
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4 March 2024 | 8 replies
To answer your question, in my opinion, it depends on your risk tolerance.
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4 March 2024 | 34 replies
if you have cap gains in 2024, or in the coming years, you might want to consider simply "abandoning" your interest in the LLC, which allows you to take the loss in the year you choose..For example, if you have cap gains of $50,000 in 2024, you might want to "abandon" a some or all of your Membership interests, which give rise to a loss which will absorb the gain.
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4 March 2024 | 6 replies
I will list a few options below, but the TLDR version is I may be able to help you with the Dispo side depending on the deal structure and comps.
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4 March 2024 | 9 replies
In terms of cash flow, depending on the market you are interested in.
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4 March 2024 | 7 replies
Most investment property will required 20-30% down payment, depending on the lender.
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3 March 2024 | 7 replies
I work in Construction Project Management and have found that way more people than I think have found an avenue into RE that has been supplemental income and even a hobby for them depending upon which route they took.
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3 March 2024 | 12 replies
It partially depends on what sort of deals you can find.
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4 March 2024 | 0 replies
To calculate your land value, take into consideration the average price per square foot or acre of the comps and apply that to your land.Steps to apply comps to your property:1) Compile multiple comps: Find a real estate agent to help you put together a list of comparable properties.2) Make adjustments: Analyze each comp carefully to determine whether it has advantages or disadvantages when compared to your property and make adjustments to the value upwards or downwards as necessary.3) Determine the use of weighted average vs average: Depending on how close the comps are to your specific property; you may consider utilizing the weighted average method to place a greater weight on those properties that more closely resemble yours.Using comps to value your land can add a component of complexity and subjectivity.