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21 March 2019 | 8 replies
Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.In this case, you would purchase the property with the proceeds of the loan.
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26 May 2018 | 16 replies
You should probably know that before closing.That no modifications, verbal or in writing have been made to the lease.When the lease went into affect and when it expires.If the tenant has paid any rents in advance and how much.Any rent concessions given by the landlord and how much.Whether the tenant is or is not in default of the terms of the lease.Whether the landlord is or is not in default of the terms of the lease.Any additional provisions or other agreements between tenants and landlord.In Colorado, there is a standard Estoppel Statement that folks can use and if you're buying a property with a tenant and using the correct state issued income contract, it has deadline dates and a section about estoppel statements already included.
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4 October 2016 | 2 replies
Unfortunately, like many military members, I have a very tight deadline and am looking to move on something prior to interest rates potentially changing for the worse.
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30 March 2016 | 13 replies
Depending on how flexible you are, you could get a temporary housing situation if the August deadline comes upon you and your wife before you have the multi-family purchase set.
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10 September 2012 | 8 replies
Tell me about it...As much I hated the travel, the deadlines, the mid night oils, meaningless meetings, presentations and briefings, I loved those people that I worked with.
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17 July 2011 | 6 replies
And then I see yes we've extended the deadline another 24 hours so you can get the special price.Bull, they'll take the order any time and any where.Did I forget coaching programs?
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12 January 2016 | 4 replies
Is the 72 hours before the deadline adequate time to get one done?
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3 January 2016 | 0 replies
Despite the caveat in our contract where a certain amount of money will be taken off for each day he exceeds our agreed-upon deadline, that did not incentivize him to pick up the speed.
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23 March 2016 | 0 replies
I'm trying to close on a complex property right now (Monday is deadline for pre-qual!).
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10 July 2013 | 8 replies
I found 3 properties, all with taxes due from 2009 threw 2012 and probably 2013 once the deadline passes.