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15 August 2024 | 21 replies
None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.
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15 August 2024 | 4 replies
Assuming this is their natural child, they've managed to build excellent credit for the wife over a long period of time.
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15 August 2024 | 57 replies
The period I used was longest on neighborhoodscout.
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15 August 2024 | 0 replies
For the 10-year period spanning July 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.6% in that period.Recent data has given the Federal Reserve confidence that it has successfully tackled problematic inflation while avoiding a recession.
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14 August 2024 | 1 reply
Basically once someone bids, the auction extends for another 1-2 minutes... and it goes back and forth until there is a winning bid (everyone else quits bidding).
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13 August 2024 | 2 replies
You'll be over extended that 100k real fast and now if something goes wrong you just learned a very expensive lesson.100k and using financing is enough to start though.
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15 August 2024 | 8 replies
Take that and multiply it by every part of a property that can be damaged and you see why the insurance companies are losing so much money.To put it in perspective if the mortgage industry was losing money like this no one would be able to get a mortgage - period end of story.
14 August 2024 | 1 reply
To facilitate an informed decision regarding my suitability for the role, I would like to propose starting with a trial period which would allow you to evaluate my performance and see firsthand how effectively I manage properties remotely.Thank You.
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14 August 2024 | 4 replies
I utilize these products but more for commercial multifamily where they build in an interest only period, 30 year amortization schedule, and the bank funds as much as 100% of the construction costs.