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21 September 2024 | 7 replies
However, if this is a true "joint venture", all members must be actively involved in generating their own profits so the credit partner would also need to participate in decisions regarding the property such as which contractors to hire; handling issues that arise, etc.
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19 September 2024 | 43 replies
There are handful of crowdfunding lending companies emerged lately.They all seem to share a need to be an accredited investor to start investing.In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.How strict is the accreditation requirement is being followed?
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18 September 2024 | 3 replies
If your in there partnership program they refer you to their client if they need to sell.its a one time yearly fee & any deal closed you pay $1500i couldn't find any reviews or much info on company outside of there website.courage to know if anyone has had any dealings with this company as I find it a little strange that they don't accept any credit card payments only zell or wire or ACH.
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18 September 2024 | 5 replies
My wife and I file separate because if we filed jointly we would have to pay 10% of our combined taxable income.
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20 September 2024 | 10 replies
All of the NoCo franchises are jointly owned.
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25 September 2024 | 96 replies
Some executors make all decisions jointly with the heirs; others do not.
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19 September 2024 | 5 replies
Also, each tenant is jointly and severally liable for the contract.
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18 September 2024 | 3 replies
Any recommendations for underwriting templates you are currently using for syndications or joint ventures?
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17 September 2024 | 4 replies
Having to buy another primary residence, to avoid tax on the gain of your current home, has not been a requirement for over 20 years.Assuming it was your primary residence from the beginning, and you have not moved out/rented it for more than 3 years, you gain is exempt up to $250k filing single and $500k married/filing jointly.
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21 September 2024 | 71 replies
Likewise, the "Refinance" part of the equation doesn't assume you'll refinance 3 months or 6 months after you've finished fixing up the joint.