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27 October 2013 | 5 replies
Since your uncle is not a disqualified person (unlike your parents, grandparents or children would be), this would not constitute a prohibited transaction.Drop me a colleague request and I'd be happy to share the best ways to structure a deal depending on your particular circumstances.
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28 October 2013 | 6 replies
Using different contracts may constitute different sales requiring you to take title, in wholesaling you don't sell the property, you sell the right to purchase under an existing contract.
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27 October 2013 | 16 replies
I guess I'm just a little confused as to what would constitute a good deal for you.
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5 June 2019 | 46 replies
(There's no bright-line test as to what constitutes a trade or business, but an ongoing part-time activity can qualify.)"
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6 November 2013 | 9 replies
(The Colorado state constitution does not allow a property to be land locked, but you have to sue to get an access)I always have a tittle company do a tittle search, they shouldn't charge as much as the lawyer, and since they ultimately provide the tittle insurance (at least they do in Colorado) they have a vested interest.
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10 November 2013 | 23 replies
Seller financing can be great, very useful for many reasons so don't just walk away from this tool, it's just that the tool needs to be used properly.The last caution is about investor, loan officers, loan originators or other's attitudes about what constitutes a commercial property.
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6 May 2014 | 20 replies
With enough money, I can turn my full attention to RE, which constitute freedom to me.
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1 May 2014 | 21 replies
Also keep in mind that to be "rich" doesn't necessarily constitute as $$$.
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6 May 2014 | 23 replies
In speaking with my mentor/buyer, I now know what constitutes as undesirable property for most investors in my market(like this 2/1).
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13 May 2014 | 6 replies
Of course you are still limited to the number of deals allowed and doing this time and again would then constitute that "any method or scheme" issue.The only way to avoid these Acts is to qualify for the allowed exemptions, but if you're in the business of RE, expect anything you do to be exempt to be examined as any ploy as a business and not strictly a personal transaction.Folks would have less brain damage just complying with the law instead of trying to out smart regulators.This is the way things work in reality.