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26 February 2020 | 3 replies
Trailers that occupied as a residential dwelling are considered permanent property by the IRS and are 27.5And land improvements or infrastructure driveways, landscape ect are shorter life and can potentially qualify for bonus depreciation.
28 February 2020 | 4 replies
Division of Profit (or Loss):At project end, whether from sale to a third party or resulting from a permanent ownership change between Parents and Me, the following items will be settled in the order listed below.Remaining monthly salary due to MeParent's mortgage gets paid offParents’s project costs (plus interest if applicable) get reimbursedThe first $100,000 of profit is split 30% to Me and 70% to Parents <-- (Their insistence)All remaining profit is given to Parents until they are reimbursed for their original equity, then the remaining profit is split 50/50 between Parents and Me.Questions for Discussion:What aspects of this deal do I need to reconsider or develop further?
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29 February 2020 | 12 replies
In my area well maintained doublewides on permanent foundations on their own land usually appraise for $100-175k and easily qualify for 30y mortgages.
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27 February 2020 | 4 replies
House is complete but still out of work, disabled and needed to sell for income Now face serious capitol gains issue.I have records of PT visits, cable, utility,bills and steady collection of supply purchases.Rumor has it health and disability issue’s only require one year Permanent Residency.
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3 March 2020 | 32 replies
You would likely need to get it stabilized and then refinance into some better permanent terms.
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5 March 2020 | 3 replies
Hello, I don't know about daca the official text is " You must be a U.S. citizen or lawful permanent resident"with a work permit & SSN you can get registered for the pre-licensing classes take the exam and get your license
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4 March 2020 | 9 replies
However CT favors the tenant over landlord so they will not be so nice to you if there rent is up to date they may enforce the guest leave or find that certain circumstances make the guest a permanent resident.
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8 March 2020 | 7 replies
Without taking it that far they will not acknowledge any balance.Lessons learned... 5 years and 3 houses of section 8.Do not keep electricity in your name with them paying, even temporarily, because it will become permanent.
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8 March 2020 | 4 replies
Then after living in the duplex for a year, move out into a more permanent home, giving me 3 rentals.
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7 March 2020 | 2 replies
Rental - Select a tenant and rent the unit at market rent Refinance - This requires to finance the property with permanent financing.