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28 September 2024 | 12 replies
There used to be one, but normally people post questions in the larger groups and simply add the location (usually Canada or the province) to the heading.
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30 September 2024 | 10 replies
Amateur GPs are normally NOT good at this and many have lost all their investors money.
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27 September 2024 | 8 replies
Hello,I have a preapproval for 3% down payment conventional loan, as I own no property.Haven't found a house I like, I wanna be patient looking for my to live-in house, but I still wanna get a rental property where income covers all costs while looking for my own house.My question is, can I get a normal 20% down conventional loan for the rental, and then later I get a conventional 3% down loan for my house?
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26 September 2024 | 1 reply
Or is this a normal thing that happens to every wholesaler?
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27 September 2024 | 8 replies
Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.
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26 September 2024 | 4 replies
Look at the side(s) of the house that gets the most weather (south and where ever direction your winds normally come out of).
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24 September 2024 | 27 replies
I spent every waking hour of about 2 months reading every article under the Learning section and was simply amazed at what I didn't know.
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27 September 2024 | 27 replies
So, if MTR are really LTR, then we have a large inconsistency with marketing channels.Secondly, “normal” LTR residential property leases run 12,24 or 36 months.
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26 September 2024 | 3 replies
Adding an addendum mid contract is often difficult when it favors one party over the other.I guess I am a little confused... bring on a new property normally comes in 2 forms - 1.
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25 September 2024 | 18 replies
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years.