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3 May 2024 | 3 replies
Properties must align with the investor's objectives, facilitating purchase, renovation, and eventual sale with a favorable return on investment.The pre-approval process varies among lenders but typically involves assembling financial documents, company records, member identifications, and the purchase contract.
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1 May 2024 | 1 reply
If not, we’ll need to have one ordered for you.Entity Documents (NEEDED FOR PREAPPROVAL):LLC/LLP i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Operating Agreement/Partnership Agreement (all pages & amendments) iii.Certificate of Foreign Qualification (if applicable) Corporation i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Corporate Resolution designating authorized signer(s) for the Corporation iii.Copy of fully executed Corporate Bylaws iv.Copy of stock certification v.Certificate of Foreign Qualification (if applicable)Identification (NEEDED FOR PREAPPROVAL): Copy Driver’s License or Passport for each Guarantor.Rent Roll (NEEDED FOR PREAPPROVAL): We’ll need to get an understanding of the current cash flow of the property.
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26 April 2024 | 7 replies
However, it can be helpful to create an alliance; this requires identification of individual responsibilities together with legal documents and the selection of partners who possess different abilities.
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16 April 2024 | 8 replies
No person may have a lien under this section except those lienors specified in it, as their designations are defined in s. 713.01.(2)(a) All lienors under this section, except laborers, as a prerequisite to perfecting a lien under this chapter and recording a claim of lien, must serve a notice on the owner setting forth the lienor’s name and address, a description sufficient for identification of the real property, and the nature of the services or materials furnished or to be furnished.
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12 April 2024 | 6 replies
Specifically, what name and identification number do you input?
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10 April 2024 | 5 replies
And if you aren't really focused on type and location before your sale, the 45 day identification period will race past.
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14 April 2024 | 885 replies
As I explained on the phone, we would need the proper identification from you in order to change the name on your EIN document from the IRS and the name on your business credit accounts.
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8 April 2024 | 10 replies
Staff cannot ask about the person’s disability, require medical documentation, require a special identification card or training documentation for the dog, or ask that the dog demonstrate its ability to perform the work or task.I can't speak to Florida law but Federal regs are in force.In the end, you just eat the extra cleaning, if any, but you can charge for damage caused by the guests or service animals.So in both cases of our service animal guests, they were excellent with zero issues.EDIT - The stupid forum prevents me from putting a link to the ADA rules -https://www.ada.gov/resources/service-animals-2010-requirements
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5 April 2024 | 7 replies
As long as the QI for the 1031 is in place prior to that closing you'll be fine.The only downside right now is that your 45 day identification period starts with the closing of your sale.
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4 April 2024 | 10 replies
If you want to keep the property but reinvest the accumulated equity, that could be a wise choice.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.1031 Exchange 45-Day Identification Period ConsiderationThe identification period for the replacement property is 45 days.