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7 May 2019 | 10 replies
In this sense it reduces your rental income 1-to-1, and any remaining income (after other real expenses and depreciation) is what will be taxed.
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18 April 2016 | 7 replies
This amount is reduced by $1 for every $2 that your MAGI exceeds $100K.
1 April 2019 | 11 replies
Your brother will maintain your cost basis in the gifted shares, and you will have to file a gift tax return which will reduce your tax free estate upon death. 2.
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28 July 2016 | 11 replies
Again, if someone else is paying for it and it'll reduce your monthly bill, why not.* Basically the above two both amount to jacking up closing costs so you have a place to spend that money, in a way that reduces your monthly out of pocket.* Timing when you close escrow, and the corresponding prepaid interest. * Reducing the price AND seller credit, keeping things net the same for the seller, and meaning you will get that money back when you sell.Conversely, if there isn't enough money, you can of course jack up your interest rate for a big fat lender credit.
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29 November 2014 | 14 replies
As property managers we are entrusted by our owners to maximize revenue and income while reducing operating costs wherever and whenever possible.
17 June 2015 | 20 replies
If you did not claim all the depreciation you were entitled to deduct, you must still reduce your basis in the property by the full amount of depreciation that you could have deducted.
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4 January 2015 | 3 replies
We currently have all the cash flow needed to pay and reduce those debts.
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19 November 2013 | 23 replies
Between that and another year of payments reducing some principal you may be in a position to be able to just sell for a net 0 next year.Are you sure you will even qualify to keep the home and get another?
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16 January 2015 | 10 replies
I would steer clear of dry cleaners because that would dramatically reduce your pool of buyers, that is if they clean on-site.
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2 April 2013 | 24 replies
YES, some people can't use a camera, can't complete a decent post, but I guess they're reducing competition for our postings.But don't forget .... all those photos of bathrooms with the toilet lid not closed.