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20 September 2018 | 8 replies
In my area, institutional sellers are almost all using the online auction process exclusively to sell their REOs.
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20 September 2018 | 7 replies
Anything falling within that description would be self-dealing and result in severe tax penalties for the IRA.A self-directed IRA allows the IRA to diversify beyond the stock market into assets such as real estate and private lending, but everything is done through the IRA and exclusively for the benefit of the IRA.
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1 October 2018 | 10 replies
The classification of multifamily properties is not set in stone.Some people look at it by Construction Year exclusively, and others weigh in the Property Conditions, Ammenities, etc.Here is a very general classification by construction year:Class A: 0-15 years oldClass B: 16-29 years oldClass C: 30+ years oldClass D: 30+ years old in high crime areas.To answer your specific question about section8 being a Class B or A, I’d say it is not likely.
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16 October 2018 | 5 replies
It's my belief we should all try to work exclusively with referrals, so who are some great people out there in the RE photography field who are looking for more partnerships?
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24 September 2018 | 11 replies
They were going to occupy one side and rent the other exclusively through AirBnB.
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21 September 2018 | 6 replies
Make the tenant pay, make your criteria very clear and as exclusive as is needed
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30 October 2018 | 9 replies
Room of investors buying and selling exclusive (non-MLS) wholesale deals.
1 March 2019 | 15 replies
When someone pays the Option Consideration, they are paying 100% for the Exclusive Option to buy the property within a stated period of time ..they are NOT putting up a down payment on the property.
21 September 2018 | 1 reply
Normally installment sale has three components1) Your basis that is not taxed 2) Capital gain ( not taxed as your home qualifies for sec 121 gain exclusion) 3) interest - taxed at ordinary rate.
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21 May 2019 | 5 replies
Not exactly:If you moved out in 09-14 and you move back in now, until 09-19, that year up until 09-14 drops off as it wouldn’t be within 5 years.Also, since you lost the 121 exemption in 09-17, if you moved back in for the 2 years you’d need, you wouldn’t get the full exemption.....it would be prorated based on the number of years you did occupy verses those you didn't.In your case, at 09-20, it would be about a 2/3 exemption (8 years verses 4).Also important, the 121 exclusion only applies to the Half you lived in.....the other half is treated like an investment property.You’re also going to have depreciation recapture on the other half, plus your half while it was a rental.