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5 October 2016 | 17 replies
You need possession asap, they need a deposit for a new rental (likely they've not even begun searching).
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15 September 2016 | 5 replies
I just had a property turn over and followed this procedure for the showings:I advertise the property and handle all calls, emails, texts on it and set up viewing appointments (I group them all within 30-45 minutes on one day)The current tenants show the property to prospective rentersWhen someone applies, they email or fax in the application and pay the application fee via PayPal (although I am now trying out Cozy for applications) and I process the applicationIf the application passes, I prepare and email over the lease for signatureWhen the lease is signed and sent back to me, I send over a payment request for the first month's rent (via Dwolla or Cozy)At the check-in, I drive to the property to check them in myself and collect the security deposit in secured funds (or use Cozy to collect it beforehand)I have been doing the above for a long time and it has worked pretty well.
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16 September 2016 | 10 replies
Once my client is completely ready to submit, I send over a full package to the other party including an the signed Purchase and Sale agreement, a copy of their pre-approval letter or proof of funds, a picture of the escrow deposit, a sheet explaining all of the comps that verify the offer price, and a brief explanation in the email as to what some of the terms are.
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17 September 2016 | 6 replies
They don't require any deposit or down payment at all, but they want all my details..
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24 September 2016 | 81 replies
Now the terms at these auctions are usually $5,000 Deposit in Cash or Certified Funds due the day of auction; balance to 10% due within 5 business days, and Close in 30 days.
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16 September 2016 | 0 replies
I got a notice that my management company closed the doorsWhat should I do to minimize the damageThey hold the deposit money, reserved money and money that I have transferred to purchase new appliancesI'll appreciate your adviceMoni
23 September 2016 | 7 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
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21 September 2016 | 10 replies
This also keeps you from having to go back to the utility to pay additional deposits or provide references - every time you lose a tenant!
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21 September 2016 | 26 replies
In 5-months I've had to grab my iPhone 5 times to take a picture with the Wells Fargo app to deposit the rent check that comes in the mail.
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25 September 2016 | 19 replies
10% earnest money deposit is certainly on the high side, but not unheard of in my market.