Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
We've also postponed any new capital raising activities since deploying new subscriber capital into distressed assets that we cannot resolve quickly does not make sense.This virus has definitely forced distressed-debt managers to become more creative and patient in a market that they cannot effectively control.
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
However, in no event may a postponement period extend beyond: (a) the due date (including extensions) of the taxpayer’s tax return for the year of the transfer (See § 1.1031(k)-1(b)(2)(ii)); or (b) one year (See section 7508A(a)).(2) A taxpayer who is a transferor qualifies for a postponement under thissection only if--(a) The relinquished property was transferred on or before the dateof the federally declared disaster, or in a transaction governed by Rev.
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
Once the investor reached the particular sale as well as reached the 1031 exchange requirements, the investor will have the opportunity to have their taxes be delayed or postponed until such time that the recently obtained property will be sold.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
If you buy it too low, in some jurisdictions they will call it "equity skimming" which is illegal.It can be very profitable, I've done many, but you really need to know what you are doing. on pre foreclosures on the West coast if you happen to do them legally .. the old owner is due 80% of the profit if you sell within 36 months.. so there is that.. but if your buying pre foreclosure for long term hold and wait out the 36 months then your fine. the reality these days is post GFC lenders/ banks/ servicers have realize that working with the buyer to reinstate recast redo the loans is far better than taking it all the way to foreclosure so your correct its usually the worse houses that make it all the way to the end and go to sale.thats why if you follow NODs Notice of defaults or whatever they are call in your state. you see so many postponements and or removed or paid off etc.. so you hone in on one property do all this work only to have it not go to sale rarely are you going to buy a home that you really want LOL
David Hori
Is Pace Morby a Scam?
27 January 2025 | 109 replies
There was to have been a conference last weekend about him but was postponed due to the hurricanes as it was to be in Florida.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Rents are just being postponed to a later due date.
Bijan Sabbaghi
Which properties up for foreclosure actually go to auction?
4 December 2024 | 3 replies
Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.
Nancy Almann
Tenants "out' of the rental, 'but we still need to clean!'
2 December 2024 | 3 replies
I had painters scheduled to paint the place today; postponed them because of this.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Thanks @Dutch MendenhallI am playing devils advocate on this one.. what do you guys hope to achieve thinking your going to be able to do a class action.I mean from what I see here on this thread the only thing that has happened is distributions have been postponed or delayed.. and more likely than not the sponsor has the legal right to do that. so at this point other than being pissed off you cant get your redemption when you wanted it there are no loss's what are they going to do a massive class action over ?
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
It's one thing to postpone for a little bit, but there is no reason for it still not to be offered.