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I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
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Insurance Loss proceeds can be some of the hardest to get reimbursed from your lender. I have seen loan documents that were written so that the investor had no possible way to ever access insurance funds - but they st...
Hi all,I started a LLC in 2018 and didn't make any money on it.Do I need to list that on my tax returns?Thanks,Ben
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Hello all.
I am extremely new to real estate investing and closed a deal recently. It requires some fix-up after which I plan to rent it out. My questions is
1. Can I deduct the fix-up / repair costs on my taxes?
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Hello, I am seeking advice about fair percentages of a partnership. What do you all think is fair percentage for a partnership with these individuals?:
Person 1: Little experience, limited time, but will be investing...
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Insurance Loss proceeds can be some of the hardest to get reimbursed from your lender. I have seen loan documents that were written so that the investor had no possible way to ever access insurance funds - but they st...
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2019 has been a difficult year with multiple vacancies, extensive make ready costs, and lots of deferred maintenance being addressed. It looks like I will show a large loss this year, and I still have about $30k total...
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hello all Craig here from MN, I'm here to network and share ideas
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Have an outstanding day!
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I have read and listened to numerous discussions about the tax advantages in the world of real estate investing, but I have two questions that I haven't gotten a great answer to. Maybe some more experienced investors ...
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Hi,
This is a dumb question with probably a simple answer but I'll ask it anyway!
Let's say I set up an LLC called ABLE. This LLC will not have any real estate in it but will hold other LLC's that own real estate (...