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14 August 2018 | 4 replies
The improvements are added to the basis of the property no matter if it is a rental or personal unit and recovered either via depreciation or via less gain later on.
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5 June 2020 | 36 replies
The key is inventory, a simple matter of supply and demand.
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7 April 2020 | 14 replies
Bottom line it, no matter if it is Primary Residence, was a primary residence, or is rental, if you take out any type of HELOC or equity loan, and use the proceeds for reinvestment, you can deduct the interest on those loan at the reinvestment level, only to the extent you reinvest it.
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14 August 2018 | 5 replies
Just get a state-specific month to month lease agreement online (BP has them) and have them fill it out and sign it.
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13 August 2018 | 6 replies
I bought a home at auction, everything is online.
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19 August 2018 | 5 replies
LA around the metro stops there are a lot of developments coming online, I can see multifamily in those areas getting into the oversupply territory.Where in LA are you looking?
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15 August 2018 | 16 replies
I doubt your llc will qualify for the 20% deduction...there a lot of requirements and other professionals such as lawyers, doctors and accountants specifically do not qualify for it, regardless of entity structure.BTW, since your llc wouldn’t be a licensed brokerage, yes you’d be violating licensing laws and I suspect are putting your license at risk, if that matters to you.
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15 August 2018 | 11 replies
Their interest rate may be the lowest but in the end, the loan you get usually makes your outcome not matter very much to the planned outcome.
15 August 2018 | 6 replies
No online forum can replace real personal/professional expertise.
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10 January 2019 | 14 replies
If i was buying this whole adds value talk, Rather than deal with renewing odd brick, which no matter how good you do, still does not look as good as a new brick.