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5 April 2024 | 2 replies
And the second duplex hasn't appreciated sufficiently to take advantage of the capital gains exemption yet, so planning to hold for the next few years.For this third duplex, however, I would like guidance on how to title it:1) Given that I am paying cash, and I am not totally sure I will sell this within the "2 years in the last 5 years" rule, should I just put it in a LLC rather than my personal name (thereby missing out on the gains exemption)?
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7 April 2024 | 3 replies
May plan is to pay cash and wait until interest rate improves, then refinance and pull out $150k for a down payment on a second property.
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7 April 2024 | 3 replies
See Nobel prize winner and associate quote....Gunner Myrdal, an architect of Sweden’s welfare state who was given the Nobel Prize in economics as the left-wing balance to his co-winner FA Hayek: Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.”3 His fellow Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”Seattle is a prime example.
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5 April 2024 | 1 reply
I have a house planning to replace pipe in crawlspace with PEX but concerned about mice chewing through it and causing a major leak.
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7 April 2024 | 32 replies
Is that still a plan?
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6 April 2024 | 11 replies
We have two floors -1 bed with ensuite on that floor and a half bath, upstairs three bedrooms, a common living room and 2 more full common baths.
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7 April 2024 | 6 replies
Plan is to purchase assets in the Louisville area to start but open to funding deals in other markets.
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8 April 2024 | 14 replies
For each of the personas (enclosed), we have a different action plan.
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7 April 2024 | 53 replies
no walls were torn down, no new kitchens or baths installed, 2 had no new floor coverings installed all 3 had recent new electrical service.
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7 April 2024 | 7 replies
We plan to use short term rentals to cover the mortgage/monthly payments but with the skyrocketing property taxes in that area, I'm concerned we may not be able to net enough.