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21 October 2023 | 2 replies
If you intend to invest your HSA funds, it's advisable to do so within the HSA account, as this ensures that the growth and any earnings on those investments remain tax-free when used for qualified medical expenses.If you have already transferred money from your HSA to your bank account and want to demonstrate to the IRS that the funds will be invested, it's crucial to keep detailed records of your transactions and investments.
6 November 2023 | 27 replies
This will help demonstrate the amount of the loss you are writing off.Interest Rate Changes: If you're modifying the interest rate, specify the original rate and the new rate.Loan Term Changes: If the loan term is extended, provide the details of the extension.Acknowledgment of Default: Include a section where the borrower acknowledges the default and the past-due amounts.Professional Advice: It's a good practice to seek legal or financial advice when structuring the loan modification to ensure it complies with any applicable laws and regulations.Keep Records: Retain copies of all correspondence, emails, and documents related to the loan modification.IRS Reporting: Report the loss on your tax return.
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9 January 2018 | 3 replies
Any intermediary with a national footprint and demonstrated experience can take care of you as 1031 is a federal statute that most states follow for the most part.In most cases sales and purchases are in different areas anyway so good QIs know how to cross geographical areas.
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5 October 2016 | 2 replies
But you have to demonstrate that you're serious about it.Do you have any realtor friends in your family you could reach out to to start?
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3 January 2019 | 29 replies
The first thing is: you need to have a proven strategy that makes money repeatedly (the answer for that is learn, do and network as much as you can till you are ready to grow bigger) - If you do not have one that could be scaled the answer is: join someone who is already successful (a mentor who can demonstrate and do Joint Ventures with you)2.
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18 January 2014 | 14 replies
Demonstrate how they can make more money or the same amount of money with less hassle, and give them more time to do the things that matter most to them.
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27 October 2009 | 11 replies
Seller agrees to sign such contract should such signature be needed and requested by Buyer so long as such signature will not result in any financial gain for Seller and that such addition is for the purpose of demonstrating additional evidence as to the dissolution of all Sellers’ rights and interests in the property and to permit any MLS Listing.Hope that helps.MoeOriginally posted by SunnyCA:Does anyone want to share their CAR addendum verbiage?
27 May 2017 | 1 reply
Knowledge of local tenant laws including airtight leases, a clearly defined eviction process, ability to intelligently negotiate with tenants regarding any issues that arise, 24/7 availability in the event of a maintenance emergency, solid accounting systems, good working knowledge of building systems and general maintenance, demonstrated ability to turn and re-rent any vacancies, and a thorough tenant screening process including documented criteria for your rental standards.The rest is just a gut feel of whether you sound like you know what you're doing or not.
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24 November 2019 | 12 replies
Then use said persons name, with their permission, as a credibility source on your credibility letter.Really it is getting around the right people and demonstrating credibility.
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16 February 2010 | 6 replies
The main thing that I like about Nick's reply is that he DEMONSTRATES that he cares for the person.Keep in mind one's bird dogs are one's partners--for better or worse.