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26 February 2024 | 3 replies
.- Document everything (receipts for taxes, all the work that you did yourself via photos and video, and your expenses in an excel sheet to make sure you're on track.
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26 February 2024 | 42 replies
Unexpected thing is actually coming from property tax rather than the performance of the STR itself, we still get 99.99999% fully booked.
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26 February 2024 | 13 replies
Moreover, North Carolina's property taxes are generally more favorable than those in Texas, offering a better return on investment over time.Exploring Other NC Cities: While Raleigh is my top pick, Charlotte and Durham also offer compelling investment opportunities.
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26 February 2024 | 1 reply
From paper this looks good, but even with that, wouldn't the tax kill all of this effort if I also gone this direction?
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26 February 2024 | 0 replies
The first two years of taxes were paid but the most recent was not.
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26 February 2024 | 4 replies
@Tyler Sherman review Form 8582 in your tax return.
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26 February 2024 | 8 replies
@Justin BrownThe only thing I would add, is the house hack strategy's underlying timelines is long term.Do play out the next 5 years with cost, rent, and appreciation increase.Don't forget the tax advantages as the cherry on top.
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27 February 2024 | 32 replies
I've been a licensed CPA in IA for the past 5 years and started my own tax and accounting company as well in 2017.
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26 February 2024 | 4 replies
In our contracts, there’s a paragraph that says whether or not the buyer plans on living there as their primary residence, for insurance and tax reasons
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26 February 2024 | 2 replies
We made the initial investment back in 2017 utilizing notes to avoid paying UBIT tax getting a fixed rate of return and equity upside.