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14 February 2024 | 14 replies
At minimum, the kitchen and bathroom will be updated, and the garage will be converted into 2 bedrooms and a living room.I've considered adding an addition bathroom into this space as well.
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12 February 2024 | 2 replies
I intend to try and gain capital to afford the property and refurb costs, then pay back investor with interest and so on.How do I find these investors willing to partner with me?
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16 February 2024 | 15 replies
I am hoping that this offering will create an additional incentive to rent our house over those that do not provide this option.
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15 February 2024 | 14 replies
In addition, you would have the IRS recapturing the depreciation when you sell.
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16 February 2024 | 31 replies
It's also beneficial to join real estate investment groups and online forums, or attend local meetups to gain insights and recommendations from experienced investors.
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14 February 2024 | 9 replies
Hopefully some light rehabs in the beginning until I gain some confidence.
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14 February 2024 | 59 replies
In addition, people generally plan to have modestly lower income in retirement and pay a bit less taxes.
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13 February 2024 | 11 replies
I would consider these areas in the path of progress and still think there is a lot to be gained in these areas.Vineyard is another one that was mentioned that could be good in the future.
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14 February 2024 | 2 replies
These deductions are filed on Schedule E of your tax return.Other Financing Options:Seller Financing: Negotiate with the seller of Property B to finance the purchase directly.Partnerships: Pool resources with a partner for additional capital.Private Lenders: Consider private lenders or hard money loans for more flexible terms, though often at higher rates.
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14 February 2024 | 0 replies
The information entered for each month will also automatically fill in on the summary tab and show you your totals for the full year.Tracking income and expenses is the first step in gaining powerful financial insights into your business.