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30 May 2024 | 25 replies
Never had to do this ever before There are two ways to do this, google and find a template online or get a realtor that can use some promulgated documents by TR.Per law, no-one can write you a legal document except for an attorney or the person providing the document will be infringing the law.In terms of the tenant leaving there is no point to pursue any legal way and for you to get possession, you create a termination notice and then in 30 days you can take possession.
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29 May 2024 | 4 replies
Maybe take a KPI online test, it will show the personality traits that are success indicators.
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29 May 2024 | 7 replies
House hacking will also give you some personal "property management" experience.
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28 May 2024 | 3 replies
A lot of the popular, no money needed, strategies like being a wholesaler, getting a partner to fund the deal, or STR co-hosting / arbitrage are a bit of a paradox because the people that have the expertise to effectively implement these strategies are typically the experienced folks that don't need no money down strategies to invest.
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29 May 2024 | 2 replies
The mortgage is likely also personally guaranteed by current owners.
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28 May 2024 | 15 replies
Take things one step at a time, continue educating yourself, and don’t hesitate to seek advice from experienced investors.
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29 May 2024 | 20 replies
House hacking will also give you some personal "property management" experience.
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29 May 2024 | 1 reply
Some takeaways from him:Treasury Regulations section 1.280A-2(i)(3) gives a couple of ways you can proportion the rental portion of a property--my accountant used square footage.Under section 280A of the tax code, common areas that you also use are considered part of your personal space and unfortunately aren’t counted as part of the rental space in the proportion calculation.
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29 May 2024 | 9 replies
If the land is separate from the mobile homes, you may be able to see what the county assesses the homes if personal property.
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29 May 2024 | 3 replies
That said it has become an issue in the recent purchase of my personal home.