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22 June 2024 | 17 replies
I didn't read the full doc yet, but was there any verbiage about a landlord having to participate/sign up for section 8?
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22 June 2024 | 20 replies
It should be noted that qualifying as a real estate professional doesn't guarantee rental real estate income will offset other net taxable income.It just allows a taxpayer to apply the material participation rules to rental real estate for a non-passive/passive determination.Consult your tax CPA/EA.
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22 June 2024 | 28 replies
Of course, if you think Florida is barely at the beginning of its correction, and has a long way to fall, then I get it.
21 June 2024 | 3 replies
All FHA / VA loans are assumable but the seller may not want to participate due to it be a longer process and may not be ideal if there is a huge gap in price since you can only assume how much they owe at the lower rate .
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22 June 2024 | 129 replies
So I just am not a participant at all any more (personally, not investment-wise), and through my agent I know there's a lot of people where I am on this track.
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21 June 2024 | 10 replies
In which case, splitting out the rental portion of the activity from the operating portion would help reduce the exposure to self employment tax3) One is a qualified real estate professional for tax purposes...but wouldn't be a material participant in the hotel activity.
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20 June 2024 | 7 replies
I am particularly interested in learning from experienced professionals, participating in local events, and contributing to community projects.I am very much looking forward to meeting and working with you and other members of the community.
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20 June 2024 | 3 replies
I believe a profit-sharing plan has a trustee and the trustee transacts business on behalf of the plan and by extension on behalf of the plan participants.
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22 June 2024 | 18 replies
I recognize that there are going to be sub-to that were owner financed at high LTV (>=95%) that barely appreciated, but it is likely below 0.1% of listings and the odds of it being an optimal investment purchase make the odds even longer.I would look at sub-to as potentially a way to get way below current rate loan and not as a low down option.
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20 June 2024 | 18 replies
I would say each property should be around a bare minimum 150k per for a standard row home in relatively decent shape.