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13 August 2024 | 16 replies
@Kevin S.Personally, I would put everything in the right kind of revocable trust, but there are complications.As a broker, I deal with a whole lot of lenders who claim they will close in a trust but don't really understand them.
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12 August 2024 | 37 replies
If I need to take possession I just record my quit claim deed.
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13 August 2024 | 14 replies
I think the best you can probably do here is sue them in small claims court to keep your costs at a minimum.
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12 August 2024 | 39 replies
History shows us the actual opposite of what he and others claim will happen will actually take place.
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13 August 2024 | 21 replies
Looks like I was on the right track...And according to that last paragraph, it appears that the only gain that is NOT excluded is the gain equal to the depreciation claimed while renting the house, which, in my case was ~2 years.
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9 August 2024 | 1 reply
Just tell your insurance company you want to use (the name of your company).We have ‘project managed’ a fire claim before and we did all the painting and replaced the cabinets ourselves.
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13 August 2024 | 97 replies
That is a strong claim.
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12 August 2024 | 0 replies
Also, will she have to claim any the profit (if any is made) on her FL Income taxes?
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15 August 2024 | 23 replies
HI Dara,If you own more than 50% of the LLC and can prove that you own it via operating agreement IE you’re the manager or member for 51%+ you can use conventional financing to close on this refinance out of your LLC (you will need to quit claim deed it back to your personal name and update the preliminary title report prior to closing conventional).Fannie doesn’t care about seasoning and timing however if you opt to use Freddie Mac there is a 51%+ ownership of the LLC required and or 12 months payments or occupancy required so freddie is way tougher for their continuity of obligation (COO) requirements.
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15 August 2024 | 57 replies
Are you claiming that neighborhoodscout is a poor source?