Jennifer Hashisaki
Reducing or Eliminating U.S. Taxes for Foreign Property Owners
24 April 2009 | 0 replies
In order to effectively transfer indirect ownership of the property upon death, the foreigner simply uses a will or trust to govern disposition of stock in the foreign corporation.
Cory LaChance
REO question
20 May 2009 | 12 replies
If its 500, I doubt they will care one way or the other what value is put on it when refi'd, as long as the disposition net hits their numbers.
Charles Salumn
quick wholesaling question
1 September 2010 | 24 replies
Goal - 1 house a monthStrategy - WholesalingTarget Niche - REOsCreate a Marketing plan (EVERY possible step/task)Create an Acquisition Plan (EVERY possible step/task)Create a Disposition Plan (EVERY possible step/task)This may be a lot to take in right now, but I would HIGHLY suggest you start with a simple Wholesaling plan outline like this one.
Chris T.
Cash purchase to FHA buyer
15 September 2009 | 10 replies
FHA has extended the temporary property flipping waiver that allows lenders and the property disposition firms they hire (or with whom they are affiliated) to sell properties on which they’ve foreclosed without regard to FHA’s 90-day seasoning requirement.
William G.
What would I have to do to get 30% of your profit?
12 July 2010 | 30 replies
Any aspects of operating the property from acquisition to disposition, we've got covered.
Larry Powell
New Investor in Austin, Texas
15 October 2010 | 12 replies
Larry, My company is located in Austin, TX and we are a small investment management firm focused on REO acquisition and disposition.
Chris Martin
Short holds in SDIRA and what is considered a "business"?
17 March 2011 | 6 replies
When any property held for the production of income by a tax-exempt organization or IRA or Roth IRA is disposed of at a gain during the tax year, and there was acquisition indebtedness outstanding for that property at any time during the 12-month period before the date of disposition, the property is debt-financed property.
Corey Demuth
rental property tax example - please advise!
26 August 2013 | 30 replies
Later on, this unused depreciation can be used to offset any capital gains upon the disposition of an investment property.
Marcia Frick
Help with short sell
16 December 2010 | 4 replies
If there is no value then the property will likely go to auction or whichever disposition is required for your county.
Jonathan C.
Pennsylvania - Rentals, LLC and Transfer Tax Question
6 October 2019 | 20 replies
It's helpful to read the language to understand what does - and what doesn't work to legally avoid due-on-sale clauses.Exemption of specified transfers or dispositions: With respect to areal property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation,or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter-vivos-trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transferor disposition described in regulations prescribed by the Federal Home Loan Bank Board.