All Forum Posts by: Daria B.

After talking to my RE agent he recommended a company they use.  After a few email exchanges with the VP of Business Development (she was on the intro email from my agent) I found they are not versed in the MW506AE form. I kept asking if there was a “title agent” I needed to speak with but she never says. Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.

In my research I found:
(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.

(2) MW506NRS is the withholding exemption.

I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.

I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.

My QI already said they will not fill it out and I guess doesn’t have all the information required for it. My RE agent has also said the title should be able to help with the information to ge it filled in.

Any recommendations for title companies I can vet who also have done 1031x in Maryland and would be versed with this 506AE form to give guidance?

cheers!

 It’s not like anyone took interest to answer. I’ve already gotten my resolve for this so disregard.🤷🏽‍♀️

It’s not like anyone took interest to answer. I’ve already gotten my resolve for this so disregard.🤷🏽‍♀️

Disregard. I received the answers that I needed. This is no longer a topic.

Hi

Can I as the administrator of the deceased estate use a PO Box for the administrator address and not my personal address? I would use this on the EIN and estate bank account when opened.

I was administrator for another estate a few years ago, but it was a different jurisdiction with different rules. I used my physical address as the administrator address and was bombarded with a lot of unwanted mail and this time I’d like to keep that separate.

So in general, is this something that is acceptable?

I did call the surrogate probate court, but they had already left for the day and I’ll try again on Monday, but I thought I would ask here as well.

Cheers!

In case anyone is interested this is what I settled on and it was well received. A card can be displayed under the sold sign and a stack in the container beneath.

Tape measure and flashlight are good choices for him. Thanks!

I want to get a present for someone who just passed his sales associate real estate exam. This has been a long time coming for him in dealing with many roadblocks and hurdles. This individual has successfully been doing property management through a company that has supported him in addition to his off-line unrelated real estate duties that he successfully continues to manage. I’d like to get him a present, reflecting his success at passing his exam and moving into a new exciting venture but I’m not sure what that would be.

Any ideas?

How about instituting something for property tax increase control and insurance increase control I guess they’re not interested in those topics.

Quote from @Dana Briscoe:

Quote from @Timothy Burns:

Quote from @Dana Briscoe:

I didn't read every post but was a smart thermostat recommended? One that you, yourself can set and control at any time from your phone?

 and are they expensive? 

Sensi Touch 2 Smart Thermostat with Touchscreen Color Display, Programmable, Wi-Fi, Data Privacy, Mobile App, Easy DIY, Works with Alexa, Energy Star Certified, ST76, C-Wire Required, New for 2023

167300+ bought in past month$156.62$156.62 List: $209.99$209.99FREE delivery Tue, Jan 9Or fastest delivery Sat, Jan 6Works with AlexaI just looked up lockable smart thermostat.

This is a nice feature but I wonder how could this be used in a rental when it requires wifi? It would require using the tenants wifi if that were possible and not likely something one would want to do.