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30 May 2016 | 12 replies
And then you have to pay taxes on the portion of your profits attributed to the loan.... as you can see it gets a little complicated.
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8 March 2014 | 5 replies
One fourth of the cost of a new roof is attributed to each unit, and, is added to the tax basis for each unit.
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29 June 2013 | 27 replies
The answer is NO - in most cases.If an IRA buys investment real estate and then sells it at a profit, all income generated while it was held in the IRA and all the gains resulting from sale WILL be either tax-deferred (regular IRA) or possibly tax-free (Roth IRA), IF the purchases were all cash with IRA funds.If the IRA borrows to finance the purchases, any income and capital gain that is attributable to debt-financing will be subject to taxation.
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12 January 2010 | 3 replies
They only cost $200 and I think its kind of quirky, funny, but might work and help the ad stand out a bit.
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26 July 2010 | 6 replies
If paneling is dark, install white mini blinds and show with the lights on.You can put in a couple of low cost luxuries that will make the place stand out.
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22 August 2013 | 26 replies
If you own 25% then you get a K1 tax form from the corporation stating what amount of profit or loss is attributed to you.
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26 July 2012 | 5 replies
Everything seemed great except there was one red flag that did stand out to me and I wanted to see what your opinions were on it:After I submit the deal to Kingdom Financial, it goes through analysis, and the private money group decides they want to submit an LOI for the project.
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16 December 2017 | 16 replies
I consider the numbers and many other attributes of a property when I make an investment decision.
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9 January 2013 | 18 replies
Sellers attempt to transfer ownership responsibilities without giving an ownership interest.The eviction process used or claims of default may not be in compliance depending on the equity established.Many attorneys are not aware of issues that can keep such deals from closing, it's not just about legal compliance with law or contracting.For those deals that do close I attribute those to pure luck or to assistance in the adminstration of the deals.The L/O arrangement is such a failure that it is specifically described in the SAFE Act requiring professional assistance.
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3 June 2009 | 15 replies
Your apartment should standout from the competition for a quicker turn-a-round, but your improvements and upgrades need to be economical.