Brian Christensen
Entity woes and 1031 exchange
1 April 2017 | 6 replies
The LLC can clearly demonstrate that it had the intent to hold the property for rental/investment purposes, but if you deed to you and your wife, you can not say that you had/have the intent to hold because you are going to immediately sell.
Jason Velie
From $0 to Financially Independent in 3.5 Years!
4 December 2023 | 26 replies
Your story is truly inspiring and demonstrates the potential for success through determination and learning.
Bridgette Valeron
Capital Gains Tax
25 May 2016 | 2 replies
You must rent it long enough to demonstrate that you had the intent to hold as a rental property, such as 24 months.
Account Closed
"Replace Your Mortgage" HELOC Strategy
20 June 2023 | 81 replies
I've created a spreadsheet that I've been tweaking over the past couple of years that I occasionally show people to demonstrate the difference between a conventional mortgage, a conventional mortgage while paying an extra $X, and a 1st position HELOC (replacing the mortgage).
Emmett Freedman
Baltimore City - Thoughts on stagnant appreciation?
31 January 2020 | 23 replies
Moreover Baltimore City has demonstrated a staggering level of government incompetence and even worse a level of graft and corruption that I have not really seen in many other places in the U.S.
Nathan Goldsmith
Owner financing to bank refi
5 May 2014 | 3 replies
The borrower has been on title and residing in the property for at least 12 months and has either paid the mortgage for the last 12 months or can demonstrate a relationship (relative, domestic partner, etc.) with the current obligor.
Nate Wengerd
1031 Exchange & Paying an LLC on a Flip
2 May 2018 | 3 replies
So watch that you can demonstrate intent to hold and not that it was under construction for a year.Secondly, if you could do a 1031 and want to defer all tax you must purchase at least as much as you sell and you must use all of your cash in the purchase or purchases.
Noah Farley
Buying a Multi family unit
25 September 2018 | 12 replies
If the numbers are accurate and you can demonstrate that on paper, you should be able to find people willing to go in on the deal with you.
Jay Garrison
common for applicants to flake?
25 July 2021 | 20 replies
Genuinely interested applicants are demonstrably Interested.
Account Closed
Why Most Single Family Property Managers Suck and What We Can Do About It
7 July 2022 | 53 replies
This would allow ideal landlords, who may often not be recognized, to demonstrate themselves based on past tenant experiences, by means of the company creating a profile on behalf of the tenant, and also would give good tenants a positive history that they could take with them as they are considering their next place to rent, plus distinguishing themselves from other tenants.