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26 February 2024 | 11 replies
Additionally, it's worth noting that this year alone, 130,000 people from 180 countries attended music festivals in the area in January alone.
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26 February 2024 | 58 replies
.😳 One property I was trying to sell the neighbor would turn up his music and walk around with his shirt off at all the wrong times when I was trying to show a potential buyer.Another Property, the next-door neighbor had two Doberman pincher dogs that would come rushing up to the fence, barking and growling ferociously when we had a potential buyer.
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24 February 2024 | 22 replies
Cannot have your cake and eat it too (take the payments but then say invalid contract)If it’s a contract for deed (which sucks in Missouri as it would have been faster to have a traditional deed of trust and note), it may state they are responsible for upkeep of the propertyBut if there are no violations and they are making payments you will have a difficult argument to take property backAs mentioned get an attorney depending on the debt instrument used virtually all of them have what is called EVENTS of DEFAULT.These include:Non payment of mortgage when due.Non payment of Tax's and or insurance.WASTE and that is what you have if you can easily prove it..
22 February 2024 | 2 replies
Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it. The last few sales codes say CD, QC, OR, OR. I know QC means Quit Claim but what does OR mean? A...
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22 February 2024 | 5 replies
What I think I want to do is pull enough money out for the repairs, find a lender that will allow new builds with 0% down since I own the land I mentioned and then buy other multifamily properties with creative loan products they you guys may posts about after reading this or else buy them with (insert ominous music here) the remaining cash with from my DSCR cash out.
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23 February 2024 | 22 replies
I still love it- great music and food, good biking and climbing and world class kayaking.
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27 February 2024 | 2053 replies
Originally posted by @Nicholas Aiola:@Jonathan Bren The portfolio income tax exemption allows non-US investors to lend to US borrowers and not pay US tax on or file US tax returns as a result of the associated interest income.That said, there are a lot of rules and pitfalls to be aware of.This excerpt from a website (https://www.jdsupra.com/legalnews/the-portfolio-in...) sums it up pretty well:...as a general matter, if (i) a non-U.S. lender (which is unrelated to the U.S. borrower, is not a bank, is not a CFC, and is not engaged in the conduct of a U.S. trade or business), (ii) lends money to a U.S. borrower pursuant to (iii) a registered debt instrument, (iv) which pays a fixed rate of interest, and (v) the non-U.S. lender provides adequate documentation as to its non-U.S. status, then the interest payable pursuant to the loan should qualify for the portfolio interest exemption and, in such a case, no U.S. tax would arise with respect to such interest.I would recommend consulting with an attorney and CPA familiar with US/foreign tax laws to ensure all of the correct steps are being taken.
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20 February 2024 | 4 replies
This person would essentially be instrumental in putting the entire deal together.Given the significant role this individual would play, I'm curious about how their involvement is typically reflected in the closing documents, if at all.
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19 February 2024 | 4 replies
They seem to be a middleman for underwriting some type of debt instrument for DTCC.
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20 February 2024 | 62 replies
I mildly enjoy it, listen to some music, save a good amount of money, doesn't bother me at all but if I had multiple rentals and was busy I would probably suck it up and hire it out.