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23 February 2023 | 18 replies
Heidi, I'm going to respond to your about the specifics but, since you posted and tagged me here, I'm gonna reply here first, for everyone's benefit.I almost fell of my chair. $330,000 for a studio!
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10 June 2020 | 20 replies
The transaction you describe would effectively be you purchasing the property from the IRA.All activities of a self-directed IRA must be exclusively for the benefit of the IRA and there may be no direct or indirect benefit in either direction between yourself (or disqualified parties) and the IRA.A self-directed IRA is simply a way of broadening the investment choices of the IRA.An IRA can purchase property, including with a non-recourse mortgage.All income produced by the property flows to the IRA tax sheltered.
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2 January 2022 | 8 replies
The hair salon has about 6 stylists who share the costs with their own chair/booth & it's always very busy.
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30 December 2007 | 11 replies
(sometimes I can get this myself) I require a cancelled check from closing agent and a HUD-1 showing a payoff.... sometimes a letter from a bank officer or director will sufficeIf the contract calls for insurable title, I will close it with a letter of indemnity from the title insurance carrier.
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25 July 2017 | 202 replies
The other day, I had an interesting conversation with the executive director of the Ohio Department of Commerce.
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24 July 2012 | 13 replies
If you have no reputation, no experience, little money and no track record of success... then worrying about a website is like rearranging deck chairs on the titanic.
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2 January 2016 | 12 replies
That is a reflection of the lousy health-care system in America, and not the borrowers’ ability to be a homeowner.”What is notable (considering the great divide between political parties in Washington) is that the loan was created by an unlikely partnership between liberal-leaning Marks — a housing advocate known for getting arrested for nonviolently harassing bankers at their own homes on behalf of homeowners facing foreclosure — and two resident scholars with the conservative Washington think tank American Enterprise Institute (AEI).Edward Pinto, co-director and chief risk officer of the International Center of Housing Risk at AEI and a former official at the mortgage financing giant Fannie Mae, and Marks originally met while participating together on a panel at a housing conference in Washington in 2008.According to Pinto, Marks, in his signature style, “lit into” him regarding the failure of the banking system to protect homeowners against foreclosure and short sales.
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29 January 2017 | 15 replies
My tenants were disabled, some in wheel chairs because of service to our country.
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26 February 2017 | 4 replies
He completed three years as a member of the association’s Board of Directors where he also served as co-chair of the Sponsorship Committee and a member of the Audit Committee.
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11 October 2018 | 64 replies
f"I seriously doubt directors on the boards of publicly traded companies are signing personal guarantees on company debt.