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19 January 2025 | 15 replies
My umbrella policy just sent me a non-renewal because Steadily is underwritten by Fortega which is not at least B+ rated.
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19 February 2025 | 57 replies
However, non-government employers on average last less than 20 years.
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24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
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22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
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21 January 2025 | 15 replies
@Dave Bobka @Justin Arnold So, if an investor is looking for a larger, family style home for a Section 8 tenant that is dependent upon public transit, this would be a great property, wouldn't it?
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24 February 2025 | 28 replies
You need to have your attorney send something certified, so that the PM cant claim you didnt have "Due Dilligence" in notifying. it would be terrible for him to bring forth a civil suite for non-payment or a mechanics lien on your business/personal property in the future.
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30 January 2025 | 10 replies
That means there is not really an effect on the debt to income ratio neither positive (income) or negative (loss) but rather simply making that payment non issue.
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23 February 2025 | 80 replies
Here’s the TRUTH - If the entire Federal bureaucracy shut down tomorrow, within two years ll NECESSARY functions would be performed by private sector and private charities, the charities which would have more than enough money from donations from the public no longer paying taxes to fund the bureaucrats, the congressman and Senators $25 million each in “speaking fees” the waste and fraud currently being exposed that has the political establishment scared to death, as well as not having their savings robbed by the inflation caused by the currency “printing press”.
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23 January 2025 | 5 replies
A non-recourse loan is an option if your SDIRA doesn't have enough funds.
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18 February 2025 | 35 replies
All investors look forward to this concept I suppose, but curious if we'll see days ahead where 'nobody' (with regard to the general public) will want to buy real estate 'at any price' - as it seems to happen in other types of asset markets from time to time.