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Section 13sex allows investors to write off up to 100% of their purchase price against tax. To qualify, one must own at least 5 (new or unused) residential properties and treat them as a business.
Trusts are ideal for generational wealth transfer however, selling a property company can be easier and cheaper than individual properties.
Waterfall’s 99-year lease is a groundbreaking new form of ownership. If you sell the property, you are required to pay a 3.5% fee to renew the lease.
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