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I need a bit of clarification on depreciation since where I live overseas they calculate it completely differently.
My understanding so far is that you can start depreciating your property once it is rented and you ...
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Hi There, I have been looking for my first investment and have decided to take it south of the border. Canadian banks provide US mortgage only for vacation properties, but not for investment. How are you funding your ...
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Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
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I won a SFH auction on Auction.com on 9/27. Offer was accepted by the bank, purchase agreement was signed by both parties, earnest money was paid, etc, etc.The closing was originally scheduled for 10/27, but they had ...
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Working on our first investment property purchase. We're under contract less than 4 hours so far, working towards closing with a conventional loan.The property is over 100 years old and has a detached garage that app...
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Hi Everyone,This is my fourth real estate purchase. Unfortunately I think I made some bad choices with initial refinancing. I have used a hard money loan at 12 % and 3 points. My initial thought was we would re-fin...
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Hi All,
Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? What about...
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Can Condo bylaws limit the # of children?We have rented a 2 BR condo to a single mother and her 3 children. Now the Condo board is telling us that we have exceeded the maximum # of children per unit. Is that even le...
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Good morning! I had a thought this morning that I’d love some input on. I live in Florida but own a business in Pennsylvania. While I have managers handling the daily operations, I still oversee everything remotely. I...
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Hey Everyone! I'm debating whether or not to have my first property be a house hack or to buy and have long term tenants. I know this is very specific depending on location and property but I wanted to get some opin...