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29 January 2025 | 24 replies
Had we scheduled the closing in the morning, there would not have been an issue.The only potential upside is that a disaster area declaration triggers changes in mortgage rules that could beneficial to the buyer.
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23 January 2025 | 7 replies
Ensure the property transfer doesn’t trigger your lender’s due-on-sale clause if there’s a mortgage.
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31 January 2025 | 6 replies
If your new LLC is a disregarded entity (single-member or owned solely by you and your spouse in a community property state), it won’t trigger a taxable event, and you’ll continue reporting income on your personal return.
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19 February 2025 | 14 replies
Right now I'm pulling the trigger on a property in Dallas.
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22 January 2025 | 10 replies
No tax so far I think.2) If I convert that partnership interest into shares in a PUBLICLY traded UPREIT I trigger tax on the deemed sale/exchange of the partnership interest into stock of the REIT?
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20 February 2025 | 8 replies
Lenders that can do either, will generally start with soft pull to avoid having you end up in "trigger lead pool".You really didn't even need to get pre-qualified with anyone to a get rate and fee quote.
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18 February 2025 | 24 replies
One more tip – people remember stories that trigger their emotions.
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22 January 2025 | 20 replies
Quote from @Isaac Terry: I was looking at homes in Akron & Clevand, they are affordable but since I'm out of state I'm not sure about pulling the trigger on investing.
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23 January 2025 | 5 replies
My primary is not ready and needs more work before I pull the trigger.
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28 January 2025 | 6 replies
You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.