@Steven EmilioGenerally you wouldn't retain a tax attorney unless you're going to tax court.A tax CPA or EA would be more useful to handle tax prep and planning.Add @Dave Foster to your short list of QI candidates to interview, he's in FL but can work remotely.

Used HELOC to do a major upgrade of retaining walls, refinished a bathroom, did significant landscaping, added additional SF in the basement, added a new heat pump system, and refinished flooring.

Used HELOC to do a major upgrade of retaining walls, refinished a bathroom, did significant landscaping, added additional SF in the basement, added a new heat pump system, and refinished flooring.

I was the BRRR lender to turn key companies nationwide.. doing about 40 to 60 a month.... 5 points 15%  90 day turn was a printing press of money LOL... so when the crap hit the fan we had a lot of retained earnings that got lost in the down turn.. but we paid all lenders back and .. regrouped.

That is not an insignificant amount, Ed is missing out on almost a third of his income because he RETAINED a tenant.

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

He sold the company about 7 years ago but retained his clients and has always maintained office hours throughout the year in case his clients needed him as he had the highest certifications and some of the areas biggest clients.

Only when the others did not redeem after 30 days passed, did my attorney ask for a retainer to start the foreclosure suits.