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8 March 2024 | 0 replies
As elections get closer we will likely see consumer confidence start to become more uncertain due to the political climate and then resume again after elections are finalized.ibuyers and hedge funds are also ramping up acquisitions which is further pushing demand and lack of affordability.If/when the Feds do lower rates we will see a temporary improvement in affordability, however we do expect that small window to close quickly as lower rates will bring a lot of pent up demand back into the market which will push home values higher and cause affordability to worsen.With all factors considered here in the local Las Vegas and Henderson market we are encouraging buyers to buy sooner rather than later while they can get lower prices and seller concessions and then if needed refi later when rates come down and they have more equity.
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8 March 2024 | 3 replies
If he has a business as S Corp or C Corp there should be filings with the state.
9 March 2024 | 17 replies
When they go under agreement they have to get site approval from corporate and have to get permits from the city and county and do not want to close on a property until then.
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8 March 2024 | 5 replies
From what I understand from your post is that you are a landlord in which you have rented your unit to a company so that they can provide corporate housing to their employees (employee).
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8 March 2024 | 7 replies
For other folks, here are some other entities that would, if you sold the property to, have negative tax consequences: YouYour spouseAny of your lineal ascendants or descendants (parents, children, grandchildren, and the spouses of children, grandchildren, — including legally adopted children)Any investment providers or fiduciaries of the IRAAny entity (like a corporation, LLC, or trust) where a disqualified person owns more than 50%Any entity (like previously listed) where the IRA account-holder is an officer, director, a 10% or more shareholder, or a highly compensated employee
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8 March 2024 | 22 replies
Are you suggesting that an executive in corporate America doesn't have the ability to manage a team, leverage those with experience, and deliver value for the shareholders?
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7 March 2024 | 6 replies
I'm a corporate employee and it's time to transition so that I can retire from W2.
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7 March 2024 | 0 replies
We were both laid off over the last couple of months and would prefer not to go back to Corporate America.
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7 March 2024 | 9 replies
Co-ops, on the other hand, involve owning shares in a corporation that owns the building and can come with more restrictions and limitations on how you can use or rent out your unit.If your goal is to dip your toes into real estate investing as a primary residence before building a portfolio of out-of-state rental properties, it may be a better idea to consider a condo over a co-op.
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7 March 2024 | 14 replies
Is it preferable to transfer ownership to the LLC or consider a corporate lease arrangement for the existing property?