13 August 2018 | 1 reply
I tried to contact Gwinnett county clerk of court but they were unable to provide me with the information or other alternatives.
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10 September 2018 | 4 replies
One of the companies we really like is Roofstock, as they appear to do a lot of the legwork for you (finding, what appears to be, decent rental units, along with calculating all of the financial information).My question is, has anyone bought through Roofstock before and looked back to see how accurate the Roofstock calculations were (cash-on-cash, turnover repair costs, cap rate, etc)?
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7 April 2020 | 14 replies
@Daniel Dietz,Ignoring the internet deduction issue, would make sense financially for you ?
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14 August 2018 | 5 replies
This is very doable for me given my current financial situation, however after two friends recently expressed interest in moving in, I was thinking of "house hacking" and renting two of the rooms to them to offset some the mortgage.
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14 August 2018 | 8 replies
Even if you have 2 seperate documents for rental and for option, if you try to evict and the tenant/buyer brings that option document to court.
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6 September 2018 | 7 replies
Tenant moved out before court date.
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16 August 2018 | 7 replies
Are you looking to create financial freedom on investing, or is this just a supplement to a holistic retirement strategy?
15 August 2018 | 6 replies
It depends on if IRS considers you an investor or trader. they look at different factors, I pulled court cases where they looked at these:(1) the taxpayer's investment intent; (2) the nature of the income to be derived from the activity; and (3) the frequency, extent, and regularity of the taxpayer's securities transactions (Kay; Mayer; and Moller) A taxpayer is a securities trader only when both of the following are true: (1) the taxpayer's trading activity is substantial; and (2) the taxpayer seeks to profit from short-term swings in the daily market movement, rather than to profit from the long-term holding of investments.
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14 August 2018 | 3 replies
Hi BP forum members,I read Rich Dad Poor Dad years ago and since then have always been interested in becoming financially independent through real estate.
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16 August 2018 | 18 replies
One major financial aspect that many people do not take into consideration is the effects of appreciation and property taxes.