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Results (10,000+)
Charles Evans What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
@Charles Evans Zelle and Venmo do not provide the same protections as a third-party rent payment portal.
Matthew Posteraro Conservative Scaling for House Hacking
29 January 2025 | 10 replies
I've used a third party management company for all of them, and have not seen any appreciable difference as far as how passive they are.
Rene Hosman If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
Part of that is team, part is systems that create efficiency, and part is advances in technology that allow me to do things I could only dream of 30 years ago.
Isadore Nelson Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
Upon verification, the Landlord will pay you $2,000 cash, and both parties will sign a receipt acknowledging that your account has been settled.
Chris Seveney Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!   
Bruce Rasquinha SDIRA's as investing tools
23 January 2025 | 5 replies
It's not hard to understand the disqualified party rules and prohibited transactions. 
Clarissa Zimmermann Forms of rent payment
14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
Lacey A. Rent to Myself
20 January 2025 | 5 replies
The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.
Jimmy Chao Selling fixer to relative and avoiding seasoning period.
19 January 2025 | 3 replies
nothing wrong with that at all as the property is being sold to 3rd party.
Caryn Fischer Tax question with selling a house
22 January 2025 | 4 replies
Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.