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Results (10,000+)
Jeffrey Ward Baltimore "Cheap" Houses
11 May 2020 | 17 replies
I am owner and president of an investor association in the Baltimore area since 2002.
David Simons Title for Business Cards
11 May 2020 | 1 reply
Hello,I own a non-real estate s-corp and I list myself as the president.
Kenneth Garrett Are You Nervous About Collecting Rent This Month
1 May 2020 | 14 replies
And it is going to get louder and louder as the election cycle begins and the whores start looking for votes.I am hoarding cash and getting ready for 100% no rent in November.
Kevin Allen Cares act 401k question
1 May 2020 | 4 replies
Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.
Aimee Lawrence How has the pandemic changing how you select tenants?
25 May 2020 | 25 replies
The hospitals are empty, no elective surgeries.
Account Closed Another Entity Question
8 May 2020 | 2 replies
Account ClosedEach LLC/legal entity will require a separate bank account and proper books/recordsManagement company - collects rents, pays for repairs, remits payments to holding LLC'stax returns - the entities will require a separate filing if they are not single member LLC's or if you elect a single member LLC to be taxed as a corporation.
David Meier Timing the Housing Market
9 June 2020 | 6 replies
The US presidential election is just round the corner and everything has to look fine until then.
Keith C. Forbearance tread lightly before you elect to skip nxt payment
5 May 2020 | 0 replies

An important note as there is a lot of discussion back and forth recently  on how Forbearance will be looked at on credit report and by lenders.  Keep in mind all  loan service'rs are not equal and need to report SOME...

David Jay When will they bail out the landlord
7 May 2020 | 10 replies
However, many elected officials are participating in class warfare and are pandering to what they see as a larger voting base (there are many more tenants than landlords in their constituents).This is reason #87 to avoid investing in these overreaching, tenant-friendly states. 
Leo Hurtado Out of State tax for a new LLC
12 May 2020 | 8 replies
., all with you as the sole owner and no election has been made to treat them as corporations)?