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26 September 2024 | 2 replies
Luke,On the surface it looks like you are over reaching to get a small return from (2) transactions.
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26 September 2024 | 1 reply
I wanted to have the same title company for the entire process and was fortunate to find ETS as they would know from the beginning everything about the exchange and the parties involved and were licensed in both states where the sale and purchase transactions occurred.My initial conversations with Dave still left me with questions but only those that I did not know what to ask having not gotten to the different phases of this entire process.
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26 September 2024 | 5 replies
After the September 11 attack on the world trade towers, they passed a lot of laws aimed at being able to track people, requirements on having identification to open a bank account, and reporting on tax transactions of over $10,000.
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27 September 2024 | 10 replies
You can structure the transaction in one or two ways; you can borrow as leverage (a loan), or you can raise capital through issuing debt.
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26 September 2024 | 0 replies
As a real estate agent myself, I handled the real estate side of the transaction, which made the process smooth and efficient.
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24 September 2024 | 5 replies
They create the team and a plan, acquire, due diligence, take care of loan products (If needed), oversee construction/renovation, hire property manager (or run in house management,) take care of accounting/taxes/K1s, deal with closing or refinancing.An LP (limited partner) just puts in the funds (after hopefully vetting the GP and team) and keeps fingers crossed while earning mailbox money.
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25 September 2024 | 4 replies
Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxes on the potential upcoming transaction.
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24 September 2024 | 22 replies
There is a product called “transactional funding” for this purpose.
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24 September 2024 | 4 replies
The folks staying in your unit want a seamless transition to their new living quarters, and the person paying wants an easy way to cross out that line on their to-do list.
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26 September 2024 | 14 replies
Even though all the MLS listings from 1996, 2004, 2010, 2017, 2018 all say 3 units so someone somewhere got a 3 DU cert that was passed down transaction to transaction until now