David Ward
Are wholesalers unlicensed brokers?
14 November 2015 | 56 replies
Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
2 September 2019 | 504 replies
It really depends on which states want to move forward with actually enforcing the statues .... now that you have legion's of BP trained folks and Guru trained folks I personally make no distinction since you sponsor pod cast that tout these methods... its become a big business and big dollars.. so the regulators are going to take notice and start coming down on what they see as licensed activity ..So maybe what the new wave of education should be focused on is how these folks can put funds together to FLOOR their inventory... so they stay compliant..
Brandon Sturgill
Petition for BP to Discontinue Wholesaling Discussions...
25 February 2017 | 311 replies
And the caveat about "professional wholesalers" is your distinction.
Nick Tarantino
What is the best way for me to start in real estate investing?
6 June 2023 | 30 replies
There is a process to consistently find reliable tenants, based on segment housing requirements.Every tenant segment has specific housing requirements and they will only rent properties that match all of their requirements.
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
27 June 2017 | 29 replies
He made no distinction.
Les Vlieger
Option Contract in CA?
20 November 2009 | 2 replies
There are distinct advantages for the option contract, but I believe the consensus is that the CAR form is the choice of investors by necessity rather than choice.
Heather M. L.
Househacking / FHA / Multifamily
2 October 2019 | 20 replies
One very important distinction about taking a loan from your 401k is the double taxation payback aspect.
Jennifer Cramer
First Post: Overwhelmed and can't figure out where to invest
14 November 2023 | 151 replies
that said, there are distinct differences with actively investing vs. passively investing and you should do research to find out which you may prefer.
Fred Roven
1031, Condition of sale
9 November 2015 | 5 replies
In that case there would be an additional contingency clause in your purchase & sale agreement outlining the contingency upon the other transaction closing, and this would be separate and distinct from the 1031 Cooperation Clause.The 1031 Cooperation Clause is just to notify you of the buyer's intent.
Ethan Lozano
Albuquerque taxes, licenses, and permits for long term rentals
18 November 2019 | 0 replies
The exemption explicitly states “leasing” rather than “licensing”; this distinction is important for lodging such as short term rentals, which are required to pay this tax even if you own three or fewer units.NM Compensating Tax - I believe I fall under the same exemption as the Gross Receipts tax exemption, so I think I'm exemptNM Wage Withholding Tax - I do not have any employees, so I think I’m exemptNM Worker's Compensation Tax - I do not have any employees, so I think I'm exemptNM Corporate Income and Franchise Tax - I do not have a corporation, so I think I'm exemptBernalillo Property Tax - I need to pay this taxBernalillo Business Personal Property Tax - my rentals are residential, rather than commercial, so I believe I’m exemptABQ Hospitality Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptABQ Lodger’s Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptAm I forgetting other taxes?