Chris Scott
1031 3-flat Boarding House to Single Home Boarding House
6 April 2018 | 1 reply
A lot is going to depend on how your accountant chooses to interpret those living spaces.
Chris Dougherty
Move-out damage negotiations
11 January 2010 | 19 replies
"All moneys paid to the landlord by the tenant as a deposit as security for performance of the tenant's obligations in a lease or rental agreement shall promptly be deposited by the landlord in a trust account, maintained by the landlord for the purpose of holding such security deposits for tenants of the landlord---- You are just a little off base with your interpretation due to the bold wordings of the law.
Ed Shin
Able to Deduct 2017 Expenses on 2018 Tax Return?
7 December 2017 | 5 replies
In your case, there is room for interpretation.
Brian Gibbons
Would you give an Immigrrant Tenant a 30 year lease on a house? And a Deed?
12 March 2015 | 10 replies
What matters is how a judge or the CFPB will interpret your agreement if the buyer ends up leaving before they own the house and decide to sell the house to recover the equitable interest which you have conveyed or to sue you to recover the equitable interest if you block the sale.
Brandon Nappi
Premium to buy a house that's not for sale?
30 December 2015 | 12 replies
Marie P. is probably thinking about the property strictly as an investment....while I am interpreting as a retail purchase of something you may want to live in.
Adam Butt
Are we in a housing market bubble that is likely to burst?
30 September 2017 | 108 replies
My interpretation is that people going into bankruptcy in 2004-2005 (run up to 2005 peak) were right back in the housing market 7 years later (in 2011-2012) like a kid in a candy shop -- ready to buy and speculate on everything they could again.
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
13 January 2024 | 356 replies
Based upon your subsequent sentences, you quoted "$100k" as the refi amount so I assume that by "term" you really meant "paid down 1/3 of the original principal" - although the following concept doesn't change regardless of the interpretation.
Katy Reid
Yucca Valley, CA Short Term Rental
17 May 2022 | 63 replies
I interpret it as something the town is using as a legal tool to hold owners accountable, if something does go wrong.
Chris Herring
Tax Strategies When MAGI Exceeds $150,000
7 January 2024 | 7 replies
You've confirmed what I'd interpreted in my research.
Jaki Ollango
Private Lending Question
21 September 2022 | 23 replies
I will forewarn you they are written in a lot of legal language, so it can be difficult to interpret.