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14 February 2025 | 7 replies
I'd pivot the condo to a SFR in the Boston-area, but really analyze if your vacancy is prompting you to transact, then are you really fit to invest?
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18 February 2025 | 5 replies
Consult a real estate attorney and CPA to finalize the LLC structure and ensure the transaction, tax filings, and ownership terms comply with state laws and IRS regulations.
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11 February 2025 | 14 replies
HOWEVER - it may be difficult for the appraiser to access the true value if a large percentage of transactions are not in the MLS.
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30 January 2025 | 7 replies
Alternatively, you may want to consider switching to a platform that offers this level of transparency.Additionally, on both Airbnb and Vrbo, if you have access to the account, you can view the transaction history.
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6 February 2025 | 12 replies
For a number of years I've formed transactional partnerships (form an LLC with single or multiple members to buy a building, build condos, townhomes etc).
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13 February 2025 | 6 replies
Most transactions between friends or loved ones fail.
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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7 February 2025 | 13 replies
The transaction dragged on for months and months.
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19 February 2025 | 20 replies
These will put pressure on a simple Wholesale transaction.
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4 February 2025 | 17 replies
Just about every time I have been privy to the details of a transaction where one of the parties is unrepresented and the other is, the unrepresented party gets the short end of the stick.