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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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Looking to pickup my second purchase for rentals. Came across a really good value of a property for under $200k. When I passed it by our loan broker, he indicated that the underwriters have an issue with the propert...
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CNN: Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty. Obama first announced the initiative during last year's State of the Union speech.
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Hey everybody!This is my first post here on BP. I've been listening to the podcast for about a month now and have given myself 6 months to close on my first property. I am 23 years old, and would love to learn from al...
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My career in home improvement and repair began in 1973 while working for a home improvement company as a door to door canvasser, then I enrolled thru the UAW connected Trade Union Leadership Conferences into building ...
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I wanted to ask for everyone's experience or input on what the best way to go about building a solid and trustworthy fix and flip team would be. If you have developed your own team, what were some of the steps you too...
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I have a problem tenant above me in my own house. They have become not only rude but spiteful because I am taking them to court for non payment and because they are just extortionist harassing awful people who abuse t...
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My buyer's agent continually tells me that I should not worry about a positive cash flow to back-calculate an offer. Why? Because you don't want to show income (of cash flow) on your tax return, or else you'll be taxe...
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As of now, my strategy consists of searching Lafayette, and its adjacent parish's, sheriff sales, sorting for properties by zip code, and heading to the clerk of courts office to check for liens and any useful mortgag...