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23 December 2024 | 15 replies
Many borrowers file this form as an exclusion to their US federal taxes as they may have been taxed by the country where they are earning the income.Required Documentation for Foreign IncomeWhen it comes to processing foreign income for a loan, documents required may include:» Most recent personal tax returns» History of receipt» Proof of continuance of foreign income earnings» Conversion of the income from the foreign currency to US dollarsThese documents must be translated or completed in English so that a loan reviewer can properly evaluate the information provided.Fannie Mae & Freddie Mac GuidelinesIncome from Foreign SourceIncome from foreign sources must be reported on the borrower’s most recent U.S. individual federal income tax returns.
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4 January 2025 | 67 replies
Again, cloned teak are generally from the same mother tree source or a couple of trees.
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21 December 2024 | 14 replies
In the northeast having a second heat source in the rental saved frozen pipes when the electric was out for days.
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18 December 2024 | 12 replies
Austin is a unique beast in itself, and many property owners have an overly inflated perception of their property's value.When I flipped a property in Austin, I sourced it through a New Western agent.
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14 January 2025 | 329 replies
A lot of numbers out there, but regardless of the source the surplus was very large.
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19 December 2024 | 10 replies
Start with a rental that has modest rehab requirements such as updating kitchens and bathrooms and make sure you qualify for permanent financing through a lending source that offers interest rates similar to that of a bank.
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31 December 2024 | 11 replies
What this implies to the typical RE investor is obtaining significant cash flow is a big challenge right now and relying on other RE profit sources (such as a value add and not doing a value subtract) may be a more certain path of generating returns.
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6 January 2025 | 77 replies
Always consider the source.
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20 December 2024 | 2 replies
@Nicholas DillonRentometer can give you a rangeZillow also can give a rangeThe best source would be to call a loc a property manager or realtor and have them also give you a range as at end of day they will have most recent and updated numbers and have a better feel for where the market is at
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28 December 2024 | 19 replies
.- Art/Decor: We have sourced local art from farmer's markets and the like.