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I purchased a rental 4 years ago for $40k (no mortgage) and it's been rented for the first 3 yrs then last year I decided to fix and sell. Spent $100k (no loan) on repairs and upgrades and I have an agreement of sale...
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First, this thread is NOT about the current legislation to create a national healthcare program. There are plenty of threads on here arguing the benefits and drawbacks of that specific bill, and I don't want this to ...
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Hello, need some advise on what to do with our current house. We have a single family house in Everett WA that we purchased in 2011, we owe about $150k and our mortgage is pretty low. We are debating about selling the...
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Hello,I recently inherited a piece of rental property that's located back home in California but I live in the UK. I am looking to sell the property though so I can invest it in property here in the UK.Can I do a 103...
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I have a 450k property that has 150k of equity after sales commissions. I want to use this to buy 2-4 rentals at 70k a piece. Could I buy 2 rentals cash (140k total) with a 1031 exchange and then doing a cash out...
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hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
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I'm just beginning to build my property investment portfolio. As a beginner, which should i choose to open my investment portfolio account with? Should i go with a bank or with a credit union? What are the pros and...
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Hey everyone, I am a investor with experience in SC, NC, & TN. I have a fair deal of experience with the real estate laws/codes in those states, but I have a colleague ask for advice today and I am hoping that you...
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Lately, because of the large amount of confusing and low quality information I have read online and my inability to access my book collections, I am confused about taxes.
I have the following questions:
1. Are there...
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What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...