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If I purchase a duplex and live in one side and decide to renovate the side I’m living in. Can I write off/ deduct my expenses for the renovation?I would be doing this to be able to rent it out in the future at a high...
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How would such a thing work? I've heard that if you make repairs to the property that you can claim exemptions on taxes and get the a percentage of the repairs back come tax season?
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Hi,For those who buy/sell commercial real estate, I had a quick question. How do you work on the terms with your preferred realtor? Assuming you have a one year contract with your realtor:Apart from the usual buyer re...
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I just got my first rental property so I am very new to all of this. New York recently passed the “Good Cause Eviction” which protects tenants from eviction without legitimate reason. I initially planned on doing mont...
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I recently purchased a property with a va primary residence loan. Love the house. Although, to my surprise i have been offered a job opportunity that i thought i had lost out on. It requires me to have residence in th...
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So if a property is REO, does that mean that it's a cash only deal? I can't aquire the property through financing?
I thought I had a little gem, but my mentor said it was a cash only deal and the only way I could th...
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Hi, my name is Sam Penrod, and I’m based in Indianapolis, IN. I’ve been a real estate broker since 2009, working with virtually every type of buyer and seller. Much of my career was focused on REO properties, during w...
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After two decades in real estate investing, I'll give you the unvarnished truth about building wealth through property.
First, forget the TV hype about overnight riches. Real estate is a marathon, not a sprint. Start...
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Greetings BP Community. I have a need for an updated lease that includes the changes to Colorado law last year. Does anyone know if the BP lease for Colorado downloadable from this website is updated?Also, does anyone...
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Hi all, How do you accept your monthly rent payments? Do you require auto pay or offer online payments? If so how do you set that up? Thanks for the help.