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7 March 2024 | 4 replies
Anyways- if it were you, would you go ahead and redo the kitchen with new cabinets/granite, and put in new windows - or would you leave them as is - and spruce up the kitchen with a coat of paint to the cabinets as a temporary update , and just wait 5-10 years when it's time to sell to do those type of upgrades/rehab (New windows and New kitchen).
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7 March 2024 | 7 replies
Regardless of which entity owns the shares (You or the LLC) you will have to pay capital gains when you sell the shares (If there were gains on the shares).
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8 March 2024 | 8 replies
For instance, while it can bolster initial cash flow by reducing tax liability, it could diminish deductions in subsequent years (when the property might produce better cashflow), impacting overall tax footprint, so you need to take into account all that in the context of your short term and long term tax strategy (e.g. if you plan on selling soon, at which time the depreciation gets recovered, or not and planning to hold for a long term/forever/1031, buying more later and creating more depreciation to offset cashflow or not, etc.).The alternative is a do-it-yourself (DIY) or survey option, which costs around $400 to $500 per property (I can do my CSS report in 10min, once I have all the data needed).
7 March 2024 | 14 replies
Hey I'm just getting my feet wet with real estate, and I came across Kris Krohn and I would like to know you're thoughts on him to see if he's selling dreams.
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7 March 2024 | 8 replies
We have no intentions of selling them as they are paid for and in a good location.
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7 March 2024 | 0 replies
We haven't decided if we want to keep this or sell it.
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7 March 2024 | 6 replies
Your profit is made on the Buy, not when you sell itDo you agree?
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7 March 2024 | 10 replies
All the "deals" are awful, but that's one of the selling points of the software is that it helps to oversell houses.
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7 March 2024 | 12 replies
Grab value while they are low and sell in a few years.
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7 March 2024 | 2 replies
My realtor told me and the seller the utilities have to stay on their name to avoid the due on sell clause, is this true?