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What this means for an INVESTOR! We have a group of investors that purchase properties that they hold for a one year plus 1 day. According to IRS guidlines with timeframe allows investors to be taxed on a Long Term Capital Gain. If held for less that one year they would be taxed on Short Term Capital Gain. This could mean a ...
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When we get a call from a BUYER I never spoke to before, we explain that we need to meet in the ofice - sellers expect that we have met with the BUYERS and that they are pre-approved for a mortgage - and sellers expect a 24 hour notice before showing (preferrably).
Now, some BUYERS will insist on meeting at the house. We will give them the ...
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