The death benefit of the life insurance would be received by THE PLAN tax free, but it would be taxed as it leaves the plan.Loans are tax-free and are satisfied from the death benefit proceeds if still outstanding at death.

(f) Unpaid assessments under the Improvement Bond Act of 1915 (Division 10 (commencing with Section 8500) of the Streets and Highways Code) that are not satisfied as a result of the sale proceeds being applied pursuant to Chapter 1.3 (commencing with Section 4671) of Part 8, or that are being collected through a foreclosure action pursuant to Part 14 (commencing with Section 8830) of Division 10 of the Streets and Highways Code.

The property sits between two good quality hotels off of a busy highway.

As rehab progressed and the HML paid out the 82K progress payments, she took that money and paid out her outstanding dues on other projects.

And even if it’s an outstanding deal, is there anything the pitch deck could include or not include that would turn you away?

Not seeing the 1% exit tax for NJ and all the closing costs too. so it would be around 100k total to just sell a place with 340k-ish profit. cant beSelling price: 649,000Purchased: 395,000, loan outstanding: 285,000TAX:Federal; $64,000NJ: $20,000Federal tax breakdown:Cost basis: $395,000Proceeds: $649,000Depreciation Recapture: $56,000Net taxable gain: $310,000Federal Tax Breakdown:Depreciation Recapture taxed at 25%: $14,000Gain from sale taxed at 15%: $38,100Net investment income tax of 3.8%: $11,500

This deal underscored Partner Driven's commitment to delivering outstanding results and maximizing returns through strategic actions Lessons learned?

Lease also states, that any money received from the tenant will first be applied to any outstanding bills. 

I'm still kicking my own a$$ about the half acre piece of land I could have bought with OF for $140k with $20k down back in around 2006 which is on a major highway in an area that is now seeing massive commercial and residential development.

This quick, profitable transaction highlights Partner Driven's commitment to delivering outstanding results and maximizing returns through strategic actions and partnerships.