Frank S.
How Should I Seller Finance To Tenant
3 May 2016 | 12 replies
A bona fide subsequent purchaser for value who relies upon the affidavit under this subsection shall take title free and clear of the contract.Applicability Note [see section 3(b) of SB 198]:The changes in law made by § 5.063 apply only to a purchaser who defaults on or after September 1, 2001, regardless of when the contract was entered into.
Mike Landry
LLC? Should I put realtor wife as member?
11 August 2016 | 7 replies
You can have a business dinner with your realtor, just write on back of receipt what was discussed and keep in your records.2- the whole single member vs. multi member LLC for liability protection is way overblown, one of my LLCs was sued on a dog bite, as long as it's a bona fide business interest your fine.3- you can put her on checking account even if she's not a member, and could give her limited power of attorney if she had to sign for a closing.Hope this helps good luck
Rebecca Cramer
Vaca Rental Market in Puerto Rico still recovering?? tax benefit?
6 August 2019 | 6 replies
I found this article published by Nomad Capitalist that was very helpful:PUERTO RICO TAX INCENTIVES: THE ULTIMATE GUIDE TO ACT 20 AND ACT 22There are many requirements that need to be met in order to benefit from these tax incentives but it seems that the one that people have the hardest time complying with is being a "bona fide resident".
Jerome Hanson
Owner finance - As lender, what benefits & issues to consider?
10 January 2017 | 9 replies
My understanding was that after a certain number, you have to qualify as a bona fide lender.
David Krulac
No Income Tax, No Real Estate Tax, No Capital Gains Tax & No Inheritance Tax
24 January 2015 | 23 replies
“You have to actually become a bona fide resident of Puerto Rico, bring your children,” said Fernando Goyco-Covas, a tax lawyer at Adsuar Muniz Goyco Seda & Perez-Ochoa PSC.
Yossi Barazani
Got a letter saying that the house I just purchased at a trustee auction is cancelled.
18 February 2013 | 26 replies
There are many references in the various subsections that provide protections to a bona fide purchaser for value.K.
Kent Harris
Evictions in Harris County Texas
19 December 2016 | 15 replies
Under the Act, "any immediate successor in interest in the property assumes such interest subject to providing to a bona fide tenant a notice to vacate at least 90 days before the effective date of such notice.
Vincent John Tucci
Wisconsin - City Hid Condemned House Status Until After Purchase
7 August 2019 | 21 replies
Natural Resources Board, 53 Wis.2d 157, 192 N.W.2d 104 (1971), we ... explained the nexus between good faith negotiation prior to issuing a jurisdictional offer and the ability to exercise the power of eminent domain: [U]nless there is a bona fide attempt on the part of the condemnor to induce the owner to sell the land at a reasonable figure, the condition under which the power is granted is not fulfilled, and in such case any attempted exercise of eminent domain is unauthorized and consequently void and of no effect. . . .
Nick R.
Limit to number of Rentals you can own?
8 November 2013 | 20 replies
I guess I've been a bona fide lurker & stalker.
Michael Wood
Im an existing tenant and home was bought at auction
21 January 2019 | 4 replies
A bona fide lease will feature fair market value rate of rent, and usually a record of a security deposit payment.