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26 September 2024 | 5 replies
It is my understanding that this information is restricted, even more so than tax returns.
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27 September 2024 | 10 replies
He or she will also explain licensing, usury restrictions, and a host of other requirements.
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25 September 2024 | 6 replies
I would suggest looking into your local market first obviously you need to find out STR restrictions or permit needed.
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25 September 2024 | 11 replies
Quote from @Roger D Jones: This is terrible and not legal in any way but it was pre Covid and the rules were a little less restrictive.
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24 September 2024 | 3 replies
In terms of loans, due to high income, loans won't be an issue but since I already have a 40 hour a week job, it will put a restriction to how much I contribute in Real Estate.
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26 September 2024 | 11 replies
There is no other protection or time bound restriction.
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23 September 2024 | 3 replies
. - Restricted by zoning.
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24 September 2024 | 4 replies
We do have a servicer.I finally had a conversation with my JV and said just foreclose since the borrower would not return calls, emails, any form of contact.Borrower did response when a DIL was presented (oddly enough) and agreed to a DIL but has yet to sign the papers.
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23 September 2024 | 19 replies
I only mention it to warn you that there're MORE restrictions than just the "passive activity loss" rules that you must have heard of.One very important concept to remember, and a beneficial one, for a change: restricted (the IRS calls them "disallowed" or "suspended") losses are NOT WASTED.
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25 September 2024 | 8 replies
The only difference is that there might be an explainable rationale for holding on to a property, such as a well-founded belief that equity gains are coming (such as owning a house in a rapidly growing area or property where the next commercial boom is headed), whereas with gambling your odds never change regardless of your losses.