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1 May 2016 | 3 replies
Yes, absolutely ask for a price reduction or what I would do is request a repair credit for the roof to be put in a seprate escrow account, so that you get the cash to affect the repair and the lender doesn't reduce the amount of the loan.
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2 March 2018 | 3 replies
However, note that you will have to reduce the expense by 25% because of the 25% personal use.3) Having properties in an LLC is more of an asset-protection strategy than a tax strategy, as the tax implications will be similar.
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4 March 2018 | 4 replies
There are several ways to mitigate or reduce the impact of such taxation.
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5 March 2018 | 9 replies
Some additional ways some of the investors that I work with have made the offer more appealing: Offer to close at the same title company (cuts down on closing costs), offering a moving truck, reducing the amount of days to do inspections, offering flexible closing date to let them decide how long they need to take to move out, larger earnest money (as mentioned above), and lastly, what I agreed to with one of my clients on a HUD property to be sure she got the bid, lowered my commission by $500 so the net looked higher on the offer.
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14 March 2018 | 6 replies
I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit?
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4 April 2018 | 12 replies
I think its more wise to reduce debt before investing.
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6 May 2018 | 5 replies
The costs would reduce your taxable gain on sale.
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3 May 2018 | 18 replies
You do realize if it's already in foreclosure then that reduces the length of your foreclosure?
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1 May 2018 | 24 replies
This will reduce the moisture in the bathroom as long as they turn the fan on when they shower.
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4 May 2018 | 3 replies
Should I just have the utilities included in a higher rent for the month-to-month-lease and then reduce the rent down to local comps for the 1 year lease?