Proc. 2018-58 extends the deadline in cases of federally declared emergencies and the exchange is a transaction governed by Rev.

Lenders will often still want to see a personal balance sheet.The problem with a SMLLC that is disregarded for federal income tax purposes is that you may decide to bring on partners or flip to an S Corp a few years down the road. 

You'll probably want to look into having your assets held in a living trust or some other kind of trust if wishing to avoid probate in California.As to your question about the mortgage, there's a federal law that the attorney might be referencing that generally protects transfers into a living trust from causing the need to refinance, but would need more details to discern.

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

Bottom line these are NOT federally regulated or state regulated loans.. they who have the gold make the rules.

A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

Having said that, the federal government put a restriction on buying houses if you don't live here. 

All the City, State and Federal Tax and Down Payment advantages are with First Time Home Buyers.

Most of my tenants are visiting scholars coming from all over the world.

One contractor was at the planning dept the other day who just got out of federal prison earlier this year.