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4 January 2025 | 25 replies
@Gustavo Delgado, as Jonathan notes, it seems like you are not interested in truly investing in direct real estate, which is fine.
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30 December 2024 | 7 replies
Ask your contractor to walk the property with you if they're available during the showing, or at least send them the photos and information that you received from the wholesaler to get their opinion.In Pittsburgh a light or cosmetic renovation is about $20k, medium is $50k, and a full gut is $100k.
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27 December 2024 | 66 replies
(Using house hacking strategy)I would love to receive feedback regarding this region from more experienced investors.
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1 January 2025 | 12 replies
I called and emailed the wholesaler's title company several times asking about this, BUT I never received a response so I did not move forward and close on the property.
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9 January 2025 | 32 replies
This benefit allows the owner’s estate or heirs to receive the property at a new, higher basis—reducing capital gains taxes if they choose to sell the property after inheriting it.In short, partial disposition allows tax deductions for retired property components during ownership, while the death step-up basis resets the property’s depreciated value, providing tax relief for heirs.
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4 January 2025 | 28 replies
If it does fine, we will add a second pond below it.Have 1,000 all male tilapias on order for delivery in a month.
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4 January 2025 | 26 replies
Quote from @Brooke Roundy: Just received my review “Awesome guest!
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23 December 2024 | 15 replies
I like to look for board orders, excessive fines for weeds/grass, stop orders, and unsecured premises.
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19 January 2025 | 269 replies
@Ryan Knoetze As far as I know, these are the areas (in red) https://cdn2-img.pressreader.c...I just read some news saying they are now allowing new AL licenses BUT only for 5 years, after that they will re-evaluate them and decide wether you can keep them or not.Also, regarding taxes, if you apply for an AL license you should declare your rental income under category B, this type of activity receives a special treatment under the IRS and tax is calculated on sales, in other words you are only taxable on 15% or 35% of your invoiced income, depending on the way your business is structured.Capital gains are not charged if the property is more than 30 years and you refurbished it or if it is located on an urban rehabilitation zone.
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26 December 2024 | 4 replies
Large basement and attic space, new roof and some of the kitchen is already torn out from the current owner. one bedroom does have a closet that will need built. plumbing seems fine, maybe a couple angle stops to change.