And what requirements would be?

Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.

I'll take a guess why Mike got an LLC: the lender required it for a commercial loan.

(Tedious process)Unlike my other properties, where most applicants meet the criteria and need to see the unit to decide if they like it, this particular unit appeals to almost everyone (In this demographic)—but many fail to meet the qualification requirements.

Nearly two years ago, I purchased a single-family home in River Forest, USA, which required extensive renovations.

But, in the long run you may be better off, as the house I purchased through them in Palm Bay has been a lemon, requiring one fix after another.

If you ARE running a trade a business - 1099s are required.

There is currently no requirement for the landlord to test for lead or pay to replace the pipes.

Did they require you blueprints and plans be reviewed and made to conform to their standards?

I just had a bank tell me that per new Fannie guidelines, the minimum down payment on a 3-4 unit is 20-25%, even if it is bought as a primary residence. Personally, I think they are wrong. I think they are just an ext...