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6 April 2016 | 0 replies
I know here in the US, you can avoid those taxes if the property was your primary residence for at least 2 years, but I'm not sure what the US law requires when you sell a property from a foreign country and try to bring the money to the states.If we do have to pay taxes on it, has anyone worked with a 1031 exchange intermediary that they might recommend to help us with this process?
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10 April 2016 | 6 replies
You may even put earnest money of your own down now and have it returned at the closing of your purchase so only the 1031 proceeds go forward.What will impact your exchange though is if you do not have a qualified intermediary in place prior to the close of the sale.
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12 April 2016 | 3 replies
Either he acts as an intermediary for both you and the seller (both you and seller must agree to this), or he is an agent of the seller and acts only in the interest of the seller with you representing yourself in the transaction.Since in almost all cases the seller pays both sides of the real estate commission anyway, you should contact a different real estate broker and sign a buyer's representation agreement.
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9 March 2016 | 18 replies
This will increase deal flow because stronger operators that have avoided the marketplaces will now have the tools to raise money all on their own without the need for an intermediary.
28 February 2016 | 11 replies
If an intermediary is not in place and the 1031 is not reflected on the settlement statement then your opportunity to do an exchange is forfeit.
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17 March 2016 | 5 replies
They are serviced by a person called a qualified intermediary.
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15 April 2016 | 7 replies
But any qualified intermediary with a national presence can handle your exchanges.
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17 April 2016 | 3 replies
I assume you used a large financial institution as an intermediary.
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26 April 2016 | 32 replies
Would you be inclined to invest in crowdfunding projects if prominent issuers or promoters were listing projects on their own site instead of going through an intermediary platform and adding another mouth to feed in the process?
27 April 2016 | 2 replies
I am new to the real estate investment world, and I'm wondering what you all think about using an investment property intermediary.