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7 November 2024 | 21 replies
This may actually be the best method to prevent the sale from being discovered, but of course there are other potential pitfalls.Under federal law a transfer to a trust where the grantor retains the beneficial interest WOULD be exempt from the DOS... but notice how in the context outlined above the exemption would disappear.
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12 November 2024 | 26 replies
The big wholesaling shops in our states are spending their own resources to actively lobby for wholesaling to prevent it from being banned.
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12 November 2024 | 47 replies
I am just trying to prevent you from going down the same path that many of us did.
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6 November 2024 | 2 replies
However, termites can be persistent, so a regular maintenance plan could add peace of mind and prevent future damage.For example, your pest control company’s plan charges $995 upfront for termites and $22 per month for ongoing treatment.
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6 November 2024 | 1 reply
Having clear, mutually agreeable terms can prevent misunderstandings and keep your options open.It’s always best to consult a real estate attorney to ensure the contract aligns with your interests, particularly if you foresee independent deals.
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6 November 2024 | 6 replies
Instead, you have a section of the footing for the two bedrooms that isn't deep enough to prevent frost from getting under it.
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9 November 2024 | 44 replies
Most banks won't lend when someone has an outstanding mortgage so would the owners be prevented from buying another house later because it still shows the zombie mortgage as a debt.Carolin,Based on all the ones I have done, most of the owners have been delinquent in their mortgage payments in excess of four years.
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6 November 2024 | 2 replies
In our property, the house was open to the air in the damp environment of coastal Florida, no heat or A/C at the house.
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6 November 2024 | 0 replies
& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.