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17 August 2019 | 9 replies
Reasonable methods of allocating debt among the assets of a passthrough entity ordinarily include a pro-rata allocation based on the fair market value, book value, or adjusted basis of the assets, reduced by any debt of the passthrough entity or the owner allocated to such assets.Interest expense on debt proceeds allocated under section 1.163-8T to a contribution to the capital of a passthrough entity shall be allocated using any reasonable method.
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3 June 2015 | 65 replies
Good luck either way.Nationwide, the average gross profit for flips in the first quarter was $72,450, the highest since the firm began tracking flips in 2011. 30TWEET 16LINKEDIN 2COMMENTEMAILMOREDetroit is among the top five areas for returns on home flipping, a sign that there are not enough move-in ready or newly constructed homes for buyers, according to a report from RealtyTrac.Nationwide, the average gross profit for flips in the first quarter was $72,450, the highest since the firm began tracking flips in 2011."
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26 January 2020 | 11 replies
I've worked with a lot of property managers and she is among the very best.
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3 January 2016 | 13 replies
I'm among the world's leading experts on retaining the most world class, lousiest, unknowledgeable, blow-hard, attorney's you will meet, @Corey Dutton.In fact, I've written here previously how we found the worst real estate attorney on the face of the Earth when we first started lending.
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9 December 2014 | 2 replies
Any opinions among the BP members about the "real or perceived value" of including a Home Security System AND Home Warranty as added incentives in a rehab sales package?
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23 June 2019 | 6 replies
Fannie Mae and Freddie Mac guidelines will not apply.Each individual lender will have their own different guidelines & requirements for "departing primary residence" rental income.Hint hint: the ones with the most liberal Fannie-like guidelines will not have the best rates, and the ones with the best rates will require two years of rental income on tax returns to "count" that rental income.I'd suggest an independent mortgage broker in Maryland, who will collect all your docs, and shop both the scenario and interest rate pricing among the marketplace to find the right home for the get-you-in-the-door purchase loan.
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8 May 2018 | 126 replies
The reason Blackstone has been bottom feeding in Atlanta, Phoenix and Chicago is because those real estate markets were among the hardest hit in the last real estate downturn and they can pick up properties in those markets that have hit their bottom.
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7 January 2014 | 4 replies
Upon death of the surviving spouse, the death certificates of both spouses are among the things the personal rep / executor / estate administrator will have to show the title company at the sale of the real estate.
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8 July 2014 | 75 replies
I invest (buy and hold) in Forsyth County, Georgia which is the 7th fastest growing county in the nation with good demographics, job growth, less than 1% property taxes, and among the best ranking public schools in the state of Georgia.Rank fastest growth counties:1.
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11 August 2014 | 40 replies
,You are right just carried on my 15 years as an apartment owner don't count among the uneducated new comers.