Amy Biddle
Establishing the entity and tax plan before I purchase
11 March 2024 | 3 replies
I don't know yet what state I'll be investing in, so there will be outstanding questions.The goals:- grow my little nest egg over the next 20 years (I'm 56 now).
Partap A.
Landlord rights (Property management not sharing tenant info)
12 March 2024 | 17 replies
This law prohibits a financial institution from disclosing a consumer’s nonpublic personal information like your Social Security number, income, and outstanding debt to companies that are not related to the financial institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties.
Michaela G.
Old Atlanta water lien
11 March 2024 | 32 replies
Subsequently, they placed the lien after 36-60-17 was in place, which states that a water provider can not place a lien on a property unless the owner was the one incurring the charges.Have googled left to right and can't find statute of limitations for water liens, but in the past they were always dropped after 7 years, as I've bought several properties with old outstanding water liens (houses were torn down years before and they were now vacant lots) and demolition and water liens were dropped due to +7 years.
Michael Doherty
Tax Filing: Professional Real Estate Status
10 March 2024 | 5 replies
You were a 5% owner if you owned (or are considered to have owned) more than 5% of your employer's outstanding stock, outstanding voting stock, or capital or profits interest.If you file a joint return, don’t count your spouse's personal services to determine whether you met the preceding requirements.
GG Smith
New Investor Need Advice: Private Lender, Short Term, Low Cash on Cash
9 March 2024 | 2 replies
One final note, this property has a lot of potential for value add opportunities as its located right on a major highway and is 2 acres.
Paul Scavello
Questions Regarding Approved Commercial Site Plan 5.33 Acres on Fort Pierce Florida
9 March 2024 | 10 replies
I am working on getting an easement with another property owner to gain additional access from N Us Highway 1.
Scott Miller
Non performing notes
9 March 2024 | 10 replies
Since I am now the "bank" or "lender" I have all the rights of that lender to enforce recovery up to the full outstanding balance of the loan.
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
If I did not have title insurance, I would have had to pay off that outstanding debt or they would have foreclosed on my property.
Robert DeForge
Have $40,000. Where would you put it for the best return??
12 March 2024 | 168 replies
But if it were my first deal, I'd go 4 units or less to let the REI bug bite :) Hey Erwin I'm pretty fortunate that I don't have any real credit card debt, car loans, student loans or anything outstanding other than my mortgages.
Account Closed
Miami Market Trend: Low-Rise Condos
9 March 2024 | 10 replies
My example is one such building that has passed it's 40 year inspection and has maintained the building. 100% agreed the buyers should research all public records before purchase; including, building code records, outstanding violations, open permits and the condo board meeting minutes, ect.