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15 October 2023 | 13 replies
Code | US Law | LII / Legal Information Institute (cornell.edu)(2)Trade or business and investment propertyIf a taxpayer’s property held for productive use in a trade or business or for investment is located in a disaster area and is compulsorily or involuntarily converted as a result of a federally declared disaster, tangible property of a type held for productive use in a trade or business shall be treated for purposes of subsection (a) as property similar or related in service or use to the property so converted.The casualty loss is for property under 165.The replacement of the casualty loss property is under 1033.The insurance proceeds simultaneously reduce the loss under 165 while acting to create basis in the replacement property that will be recovered over future periods under 1033.
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13 March 2011 | 7 replies
I need contracts for a simultaneous/double closing for both the A to B and B to C transactions.
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14 February 2016 | 58 replies
We did many deals were investors would close on 4 homes simultaneously and get 5 to 8k cash back on each through refi proceeds..
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23 October 2014 | 5 replies
Your friend could then sign a simultaneous promissory note with your leasing company to extend these funds to.
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1 June 2016 | 5 replies
See below:******************Forward: will forward a call to another phone, and optionally forward to a new URL if the call isn't answered or the line is busy.Find Me: will ring up to 10 phone numbers in order, until somebody answers the call, and forward to another URL (or Twimlet) if none of the numbers are answered.Simulring will dial 2 or more (up to 5) phone numbers simultaneously, and the first person to answer is connected to the caller, and forward to another URL (or Twimlet) if nobody answers.Voicemail will ask the user to leave a message, and will email the audio recording to a specified email address.Simple Menu will play a message for the caller, and wait for them to press one or more digits, launching them to a new URL (or twimlet!)
11 January 2017 | 58 replies
I have assigned contracts, double and simultaneous closings, bought without end buyer and then sold without any rehab.
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15 December 2018 | 12 replies
It states:1031 Exchange: If either Seller or Buyer wishes to enter into a like-kind exchange (either simultaneously with Closing or after) under Section 1031 of the Internal Revenue Code (“Exchange”), the other party will cooperate in all reasonable respects to effectuate the Exchange including executing documents; provided, however, that the cooperating party will incur no liability or cost related to the Exchange and that the Closing will not be contingent upon, extended, or delayed by the Exchange.Check out this interview for more info about the 1031 Exchange process.
21 June 2013 | 16 replies
Sending you a DCE and a CC simultaneously makes no sense as it sends two different and contradictory messages.
11 January 2016 | 2 replies
@Sam Prakash There are ways to partner with your self-directed IRA and yourself personally; however, it is a bit more complicated than using the IRA for a deposit and ancillary costs.You and your IRA must invest together (simultaneously) into the property.
5 February 2020 | 14 replies
Do you use the loan itself to pay the loan off while simultaneously building to sell?