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I just came across this video on WSJ.
What stopped me was seeing that a PRE PAYMENT on a mortgage actually reduces the value of a note/mortgage to the investor on the secondary market.
If this is the case, wouldn't ...
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I purchased a property that is all one lot, but has a house and an automotive shop on it. The house is zoned residential and the shop is grandfathered as commercial. I have insurance separately on both. I have leased ...
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I have a 1800 sq ft 6br/2bath house. It has 2 bedrooms on the 1st floor and 4 bedrooms on the second floor. They are all small/medium-sized rooms. 2 of them on the second floor don't have closets. I'm thinking about c...
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Hi All,
I'm curious to know what strategies all of you more experience landlords have used to reduce your water bill? I heard submetering, tankless water heaters, drought-tolerant landscaping, etc. Not sure where ...
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Hi Everybody. If someone intends to owner/occupy a home after renovations....and the approved contractor has an agreement on the job...Can the GC "supervise" the work done by the borrower or hired help (trashout, prep...
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We have been trying to sell our house for a while. It is in VA. We have been moved out for almost a year and live in CA. Our buyer backed out on closing day a few days ago but not before moving it to the right several...
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I need to reduce the price of my property for sale. A reduced list price means I'm paying less in Capital Gains Taxes. How would a "Credit at Closing to help with Buyer's Closing Costs" come into play?Does this also r...
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Lets assume I acquire the house 100K to keep it simple and its a 20% down payment the rest is leveraged. Lets say my mortgage is $800 and I charge my tenant $1500 a month. Taxes in Illinois are 2.8% or so so thats rou...
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Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
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I know insurance industry is changing a lot these days. To reduce the insurance cost, can I have one insurance that cover more than one rental properties? Mostly I am interested in taking homeInsurance because of the...