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6 February 2024 | 6 replies
Originally posted by @Michael Carnahan:Hello BP community,My wife and I are new to real estate investing and this is our first post.
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5 February 2024 | 13 replies
I know this is not what you want to hear, but $30,000 claims are rarely worth the pursuit when considering the legal fees involved.
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5 February 2024 | 6 replies
Very likely the original listing had a room addition that was later removed due to illegal build.
5 February 2024 | 30 replies
That will cost you significantly more than any PM fees you'll cough up.
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6 February 2024 | 5 replies
So here I am, circling back to what I originally intended on doing: real estate investing.
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5 February 2024 | 6 replies
The buyer is always responsible for that payment, but is relieved when the seller provides the incentive that will pay that fee for them.
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6 February 2024 | 16 replies
I am originally from Pensacola, FL and moved to Columbus, OH.
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6 February 2024 | 67 replies
Lending income counts are regular income (fees, interest etc) (most of the time) When I started doing private lending that was a big regret I wish I did sooner
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5 February 2024 | 5 replies
This can provide a significant tax advantage.Deductions: Expenses related to maintaining and managing the property, such as property management fees, maintenance costs, utilities, and mortgage interest, may be deductible.Tax-Free Rental Income: In some cases, if you rent out your property for less than 15 days a year, you may be able to pocket the rental income without paying taxes on it.Section 179 Deduction: This deduction allows you to deduct the cost of certain qualifying property as an expense, rather than depreciating it over time.
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5 February 2024 | 18 replies
The original question from Manaswi Mishra was if "Asset Appreciation was important for Rentals in the Bay Area?"