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23 April 2024 | 3 replies
After months of seller trying to get a clear title, seller was not able to get the partial release from HUD unless all the proceeds went to the mortgage balance.
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25 April 2024 | 7 replies
And their roof loss settlement is "variable by roof age", not actual replacement cost, nor depreciation adjusted (most insurances will hold the depreciation portion of a claim till the repair is done and only then release the funds).Make sure you compare apples to apples when shopping around, pay attention to what they give you for "free", what deductibles apply and when exactly you can get coverage from the insurance and to what limits.
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25 April 2024 | 3 replies
T/E informs self of release from obligation to buy; wait for closing/recording and get paid.Am I missing anything?
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26 April 2024 | 25 replies
I’m working on an Amazon-based side hustle at the moment, and have been trying to break into tech for the last year with 10 personal apps set to release on the App Store sometime this year.
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25 April 2024 | 15 replies
If they don't have the cash, maybe after you release all contingencies, your Earnest Money Deposit is released early and the Seller can use those funds.
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25 April 2024 | 1 reply
Consider the responsibilities involved, with selling releasing you from property management duties and renting requiring ongoing maintenance and tenant management.
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25 April 2024 | 2 replies
You can use up to $25k a year of those passive activity losses if you are actively participating in your real estate ventures ("small landlord" exception) and income stays under $100k a year.So yes it can be useful if someone happens to fall under these circumstances, but for anyone who is going to have over $100k a year of retirement / other sourced income, they may be out of luck.It's all timing - you are just using up those PAL earlier than if you waited for the rentals to start producing taxable income (they normally do if it is a good investment), or a property is sold and PAL are released to offset that income.
27 April 2024 | 21 replies
This content is from a article I am just about to release to the digital community....A property management company provides valuable advantages for the self-managing landlordTime and Effort – It takes a lot of work to prepare and rent out a property for residential use.
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25 April 2024 | 11 replies
You as a tenant can't be governed by rules that were written by a licensing body to govern their licensees.
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24 April 2024 | 7 replies
You will need a rental release signed by applicant giving permission to release information on their tenancy.