Wayne Igo
Real Estate Partnerships
25 June 2015 | 6 replies
Therefore, if there is a "capital call" or where someone is bought out or decides to leave; you will not have to spend additional capital to amend the controlling agreement. 3) What happens when one partner want to sell a property and other one wants to hold?
Rachel Zhang
need a payoff from property purchased at trustee sale
11 June 2015 | 30 replies
There is actually a ton of guidance on many different topics inside that guidance including but not limited to payment allocation, force placed insurance, bankruptcy responses, payoff demands and others topics as they related to the amendments of RESPA and TILA or Regulations Z and X which is what govern mortgage settlement and servicing.
Scott Roper
1 Dog Has Now Turned Into 2
7 June 2015 | 14 replies
The lease itself explicitly states no pets:12.PETS:No dog, cat bird, fish or other pet or animal of any kind may be kept on or about the premises without the Landlord’s written consent.See Pet Addendum.Here is what the Pet Addendum states:THIS AGREEMENT is attached to and made a part of the Florida Residential Lease Agreement dated January 11 , 2015 by and between xxxxxx(Landlord), and xxxxxxxxxx (Tenant), for the Property located at xxxxxxxxxxxxxxxxxx.Tenant desires to keep a certain pet described below on the Property and the Florida Residential Lease Agreement specifically prohibits allowing pets on the Property.The Florida Residential Lease Agreement is hereby amended by this Pet Addendum to grant such permission to the Tenant.
Devan Mcclish
Need help on this probate deal!!!
8 June 2015 | 16 replies
I do not want your deal however I'm willing to look at the facts IF you get your "seller" to get their act together and privide what's needed to complete a sale.It might require assignment and ex-parted applicable for amended Letters plus a bond.
Daniel Smith
Cleveland Wholesaling: Advice and Law
3 June 2015 | 7 replies
(B) No partnership, association, limited liability company, limited liability partnership, or corporation holding a real estate license shall employ as an officer, director, manager, or principal employee any person previously holding a license as a real estate broker, real estate salesperson, foreign real estate dealer, or foreign real estate salesperson, whose license has been placed in inactive or resigned status, or is suspended, or revoked and who has not thereafter reactivated the license or received a new license.Amended by 129th General AssemblyFile No.127,HB 487, §101.01, eff. 9/9/2012.Amended by 129th General AssemblyFile No.28,HB 153, §101.01, eff. 9/29/2011.Effective Date: 04-05-2002; 2008 HB562 09-22-2008
Jimmy S.
Did my accountant screw up?
2 June 2015 | 2 replies
He tried explaining it to me but confused me.Now my loan is falling though because they wont use that income and underwriters will not even look a the settlement sheet for poof that it is a glitch in the system... underwriter said to refile taxes and amend the return but loan is denied because of this and THIS HAPPENED 1 DAY BEFORE CLOSING after title work and appraisal is done.
Vlad-Stefan Marcu
Tax Deductions for a Live in Flip
16 June 2015 | 3 replies
If you did not exclude gain for selling a home on your tax returns for the previous two years (and you do not intend to do so on any returns or amended returns for the past two years that are not yet filed), you meet the look-back requirement.
Robert Perkins
Rental Capitol Gains Taxes
19 June 2015 | 8 replies
I only had to amend 4 years worth of returns after I went through mine with a pro the first time...humbling.Good luck!
Bob Baldwin
Unusual Business Oppurtunities through purchase of Real Estate .
19 June 2015 | 2 replies
Originally these were amendities to the purchasers of the of the condo's .One year latter and the marina is almost at capacity and the PGA golf course has doubled its membership to non resident golfers .
Christopher Goldie
Licensee Ethics
20 June 2015 | 11 replies
Even so, you were smart to record the contract or an amendment of same as it forces the seller to deal with you in order to clear title.