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28 April 2024 | 6 replies
Recommend ACH payments for a very small-time landlord?
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28 April 2024 | 0 replies
Joint Venture, Cash How did you add value to the deal?
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27 April 2024 | 2 replies
Can you share how depreciation works in a Joint Venture?
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29 April 2024 | 32 replies
They are drafted in such a neutral way that parties have to go to court (or mediation) even when one party has no legal ground to stand on.The contract language here essentially requires either (a) joint instructions, (b) court order, or (c) 2 years of inactivity with neither of the above occurring.
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27 April 2024 | 12 replies
We have all the same rules and procedures and use QBO for as our accounting software with all forms of payment accepted- online, ach and regular mail.We encourage communication.
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26 April 2024 | 10 replies
@Corey Meyer my business account I have them pay by zelle or you there are a number of ways for example on apartments .com they can enter info for an ACH transfer.
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25 April 2024 | 15 replies
The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.
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25 April 2024 | 7 replies
If they owned the property jointly she should get a step up in basis for his half of the ownership. or if he owned it outright and she inherited it, I believe she would get a full step up.
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24 April 2024 | 2 replies
I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed.
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24 April 2024 | 4 replies
That should have been worked out and put into the Joint Venture agreement you both signed.