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13 March 2018 | 10 replies
They come speak to we agents at conventions and claim they aren't trying to cut us out, because the way it works is the seller (who can sell without showings, staging, etc.) is given an "instant offer" by them, but also a professional valuation from an agent, so in their mind, they are including us.The offers are very low, from what I've heard, and the fees equal, or in some cases, more.
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21 April 2018 | 7 replies
looks like there's a lot of great minds thinking on the value here.
11 March 2018 | 2 replies
With our joint income, we’d have about 40k a year to invest.We’re pretty flexible people and don’t mind the lifestyle choice behind either option.
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11 March 2018 | 5 replies
@Matthew Enos do you mind sharing what lenders you are using in the area.
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20 August 2018 | 23 replies
One question that comes to mind --- did this property ever go through a judicial sale (whether a foreclosure or a tax sale)?
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22 March 2020 | 33 replies
., there was a technical error, and the section of the tax code describing 15-year property (Section 168(e)(3)(E)) was in fact not amended to include qualified improvement property.So for now, strictly-speaking, in 2018, qualified improvement property is regular old 39-year property that is not eligible for bonus depreciation.We do expect that a technical correction to the law will be made, but for now the IRS has actually stated that it cannot guarantee that absent legislative correction it will accept the legislatively intended change in recovery period and bonus eligibility.Anyway, this is neither here nor there since you have stated you are a landlord of residential rental property rather than non-residential real estate.And this does not affect the application of 100% bonus depreciation to both qualifying new and used property place in service after 9/27/17 and before 1/1/23 that @Yonah Weiss pointed out.
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13 March 2018 | 5 replies
Of course keep in mind I have yet to purchase a park so my opinion could be completely worthless!
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12 March 2018 | 5 replies
On paper, he would be able to make $50,000-$100,000 annually on increase in value of the property he had debt on. in that timeframe, the amount he was making on paper was significantly higher than what people were making on annual salary.With that thought in mind, I would lean towards the content of leverage is King.
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12 March 2018 | 5 replies
Keep in mind, it is the IRA that owns the property, not you.
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13 March 2018 | 4 replies
But, for those readers who won’t go the extra mile to do a deeper search on techniques, here are a few off the top of my mind: Craigslist - They’re all over here, it’s like a piranha pond in my market.