29 April 2024 | 248 replies
The dream of secure a financial future by trusting traders.
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30 April 2024 | 25 replies
This also includes future medical because that is becoming one of the biggest expenses.
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29 April 2024 | 0 replies
After you sell your property, you have 45 days to identify potential replacement properties.
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30 April 2024 | 10 replies
.- Agreed, I'm just an interested buyer, the only potential opportunity I have is I'm an interested buyer who is ahead of the rest of the interested buyers with the hope that the trust would be open to an off-market sale to me.
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29 April 2024 | 5 replies
It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.
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30 April 2024 | 27 replies
Please elaborate on why each is essential and how they contribute to a company's overall performance and reliability.Similarly, provide a list of red flags or negative traits that indicate a subpar or potentially problematic property management company, with explanations on how these might negatively impact my real estate operations.Create a scoring or rating system that I can use to objectively evaluate and compare each property management company based on the traits and skills identified earlier.
29 April 2024 | 5 replies
However, nobody can predict the future if this will continue - hopefully we get some relief soon!
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29 April 2024 | 1 reply
I'm eager to connect with fellow investors and industry professionals to explore potential collaborations and opportunities.
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29 April 2024 | 9 replies
Sounds like an interesting park with potential.
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30 April 2024 | 21 replies
I believe the DLBA offers it to the next highest bidder.One other potential scenario is the winning buyer was willing to pay ~$100,000 for this house AND they are a city employee or has a relative that is a city employee.