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18 September 2018 | 23 replies
I would think if it solves his problem, you could probably get a 50% premium.
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14 September 2018 | 2 replies
Spending an hour with a CPA who understands your overall financial situations would be time well spent, but there are some general rules of thumb:If you hold the asset for less than one year, your profits are considered short term capital gains - which are taxed as ordinary income at your standard tax bracket rate.
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19 September 2018 | 17 replies
There are some allowances and tools, like single-premium immediate annuities to hang on to more of the money for your mom.
14 September 2018 | 13 replies
What are the bare minimum requirements I should request in a written agreement/legal document with this individual to best protect my asset in case his investment fails or falls short.
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14 September 2018 | 0 replies
Option 1: I will receive only the rehab, hiring a contractor and ask the buyer to pay the property direct to the ownerOption 2: I will receive full payment (property+rehab) and my company buys the property a resell it shortly to the buyer
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15 September 2018 | 2 replies
Pending sales in DFW dropped like a rock vs. prior year, and since sales lag pending contracts by a month or two I would expect that it will start to affect the sales numbers shortly.
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19 September 2018 | 7 replies
From what I've read around BP, people seem to have a tough time with Airbnb in Miami so just have him check and see the laws surrounding short term rentals.
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15 September 2018 | 1 reply
If you are buying for the long term and the numbers make sense then I wouldn't worry too much about the short term market, that's just me.
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25 September 2018 | 4 replies
Long story short, the repairs took over 10 months to complete.
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18 September 2018 | 8 replies
@Ron Fletcher like I said before I drive my own truck and that doesn’t leave much time for reading but I have listened to several podcast and webinars I’ve learned a great deal but im not quite sure if my numbers are correct I’ve found a couple deals but I’m not sure if I’m doing things correctly I’ve ran numbers on at least 15 homes and duplex’s and 5 good deals I’ve felt would be good investments both short and long term for my market my next goal would be a hard loan I haven’t had the time comfortably learn about hard loans and loans in general give me a few days 18 hrs in a truck leaves a long time for audio books and pod cast rich dad poor dad changed my preception ofMy life and money i look forward to listening to richest man in Babylon