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13 November 2024 | 22 replies
This is all true except the no expenses or depreciation part, you actually can do that in an IRA (just doesn't help you personally today) on leveraged real estate because that portion of the income is subject to UDFI/UBIT tax which is calculated after deducting the first $1000 and accounting for depreciation and expenses as it relates to the % of the mortgage.
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11 November 2024 | 10 replies
See if you can get a subject to lease agreement from one of your friends or associates.
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17 November 2024 | 30 replies
So while the partnership may show a loss, the loss would be passed through to your personal return and then be subject to passive activity loss rules.The partnership only creates more of a headache as there will be additional tax filings and fees for creation and ongoing support.Activities inside a partnership are not necessarily taxed any differently than if they were reported on your personal return.
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10 November 2024 | 9 replies
I was going to have to get a zoning variance because the subject property was in a low density residential zone.
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11 November 2024 | 65 replies
So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation).
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8 November 2024 | 2 replies
Points will be deducted for deficiencies and remove subjectivity in the inspection process.
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13 November 2024 | 13 replies
Be sure to let them know the advantages of working with you.Personal Property SignsGenerally considered one of the most straightforward strategies exercised by those trying to find cash buyers, personal property signs are exactly what they sound like: signs placed on a subject property with the intent to market it.
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8 November 2024 | 14 replies
People have done loans subject to but the original borrower stays on the loan and it could be at risk to be called once a deed is transferred
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8 November 2024 | 5 replies
They are subject to liability if someone sues, and their license is subject to discipline or loss of license if you violate rules/laws and get caught.
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9 November 2024 | 9 replies
If you want even less than that you'd need to use private money, partnerships, creative financing (owner financing, subject to, etc) for the most part