Daniel Windingstad
Compensation for Shower repair?
21 August 2024 | 1 reply
If I am being greedy, you can tell me, but be gentle, I only own two properties lol
Victor Peng
Seller financing Down Payment of 20 Unit Apartment Building
23 August 2024 | 8 replies
Our attorney explained the "DOS clause" as a tool lenders can, at their option, exercise in the event a transfer has occurred.
Ruben VanDusen
What's The Point
21 August 2024 | 73 replies
So for me in majority part I am just scratching an itch, and I am exercising a muscle.
Melvin Mickens
Loan Officers Familiar with Sub to
19 August 2024 | 4 replies
MelvinPerhaps you can BUY their property from them on WRAP Around financing basis You pay them on a WRAP AROUND Note (eg. perhaps $1.00 over their existing loan balance) of where they can LEASE the home you and also give you an option to buy SUBJECT TO their loan if or when you exercise the option.
Michael Morrongiello
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?
17 August 2024 | 3 replies
In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.
Will Sifert
Big changes to the way Colorado handles it's tax sales
22 August 2024 | 15 replies
The way tax liens work, the certificate holder gets to exercise their right under law to take ownership of the property (get the deed) when the redemption period expires and the owner fails to respond/ repay once the deed process has been concluded.
Cooper B.
Clarification on Right of Redemption in Alabama
20 August 2024 | 50 replies
In followup to the part in bold above, are these investors purchasing the right of redemption from the foreclosed party in order to exercise that right to "snatch" another investor's deal?
Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
However, Lender will not exercise this option if such exercise is prohibited by Applicable Law.If Lender exercises this option, Lender will give Borrower notice of acceleration.
Jose Mendoza
Lease-purchase rental property to a family member
15 August 2024 | 2 replies
Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
16 August 2024 | 23 replies
I am very impressed with your knowledge and will definitely going with your firm for the simpler 401k trust plan, and I will get rid of the LLC.Just for the sake of exercise, could anyone please still let me know if an IRA makes a private equity investment into an LLC and becomes the 100% owner of the LLC, and the LLC later receives tax forms against its EIN, will the owner of the IRA just disregard those tax forms?