
12 August 2012 | 19 replies
I read somewhere that even the thought of private ownership of real property should be addressed, that property should be held by corporate interests and the public would benefit by their interests in the corporate structure......well, isn't that what we basically have, one document says you own the house a deed, the other says the bank has a lien on it and you only get to use it until the bank gives it back to you and that the goverment can step in for the public good and pay you what is basically assessed by government institutions?

11 July 2012 | 13 replies
basic economics (at individual/corporate/govt levels)If expenses > income, the end result is?

12 July 2012 | 1 reply
Your title does not go through the Articles of Organzation, the AoO is like the By-Laws for a corporation, it states how business is to be conducted.

28 September 2012 | 6 replies
The benefit to investors is 10% safe return or so after all costs of running the corporation.

12 July 2012 | 4 replies
No, it won't be on there if you're the buyer (in CA, anyway).Of course, if you have MLS access, you can figure out how much your agent got (and typically you can assume the listing agent did not get more than this, if an REO or corporate flip usually significantly less).

3 August 2012 | 12 replies
No- My atty finally got in touch with someone in the corporate office of the HUD atty (not the local).

8 August 2012 | 13 replies
A big problem I see is people exchanging trying to use their attorney or real estate broker to hold the funds.With a few exceptions all of these are considered disqualified parties:A close family member or a controlled corporation,partnership,or trust.OREmployee,attorney accountant,investment banker or broker,real estate agent or broker.If you use these people you can get disqualified from the exchange and create a taxable event.You have to use a proper QI or years later you can get a nice surprise from the IRS.Some clients have asked me and I tell them they need to place the funds and the whole process with a proper QI.No legal advice

14 July 2012 | 15 replies
Just because the wife is listed as the manager of the LLC does not mean you bought from the wife -- you still bought from the LLC and the guy most-likely is part of the LLC.The title company should have reviewed the LLC documents to make sure the person signing the deed was authorized to do so, so there is nothing illegal in a person authorized to represent an LLC doing this even if someone else is listed in the corporate documents as the "main" person.

13 July 2012 | 11 replies
A large corporation will most likely have a target of 1,000+ units, which means a staff and connections.

19 January 2014 | 32 replies
I wonder how many times this scenario has played out around the country the past few years, that we never hear of because they're purchased in the names of several corporations, etc.