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21 May 2015 | 62 replies
Hey Rob K, not sure if this is what you're looking for, but have you tried changing your email settings on your phone to "Push" the emails to your phone (under the Fetch New Data settings)?
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21 October 2011 | 8 replies
The most important thing on the seller's mind is likely a potential deficiency judgement and/or the tax liability of the short sale.
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1 November 2011 | 12 replies
Id say 60-80+k in repairs - Roof will be @ 7-10k, siding is good, and 10 replacement exterior doors with 4 of them with storm doors.. then all interior.. what would you offer saying 70K in repairs and how did you come to that..
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31 October 2011 | 9 replies
I am not saying I am the pro that can spot deficiencies at a glance.
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25 November 2011 | 27 replies
Even if you loan the money and pay yourself back, you will have to claim the interest as income on your personal 1040, along with the income from the k-1 from the S-corp.
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5 January 2012 | 11 replies
ie=UTF8&qid=1320346062&sr=8-3http://www.amazon.com/J-K-Lassers-Real-Estate-Investors/dp/0470443472/ref=sr_1_1?
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21 November 2011 | 18 replies
He would not receive a w-2, he would receive a K-1 to show his receipt of income.With the LLC filing as an s-corp this is only a tax classification, no board meetings required or anything.
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21 November 2011 | 2 replies
Basically what happened was the builder did not complete the project and built only about half+ of the town homes, and some are not paying HOA now, so effectively there is a 50% HOA deficiency.
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17 November 2011 | 9 replies
You should definitely outsource the negotiating (not only to reduce the time, but because they should know how to work the loss mitigation dept for a better discount).Also, always try for an anti-deficiency letter for the seller.Personally, I would find an expert who does SS & farm the lead to them for a cut.Jay von Mohr