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17 September 2023 | 9 replies
If your three choices were this: "Hi our names are Bob and Jenny Potential Renters, and we have a Grate Dane", "Hi our name is Billy and Billie Potential Renters, and we have a Grizzly Bear", "Hi our name is Homer and Marge Potential Renters, and we have a Tyrannosaurus Rex Dinosaur";choosing would be much easier.Are Grate Danes on your Insurance prohibited list?
30 April 2017 | 26 replies
As an example, a DOT may state that a lender may advance funds to pay insurance or taxes, but that may not be cause to accelerate the note to maturity, that is addressed in the note, or could be in both.We also need to take care in arguing any such issues in this national (world) forum as state laws differ, but no state law prohibits or constrains any insured lender from rights available by the Code.
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27 December 2014 | 8 replies
Apparently bank regulations now prohibit such deposit-only cards without having a specific person attached to them.
30 May 2010 | 6 replies
The cost would be prohibitive for the size of the investment.
4 August 2015 | 27 replies
Even if licensed you could take the tack that it's using the residence for business purposes and prohibit it that way.
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2 March 2020 | 40 replies
Though legally possible, it rarely happens for several reasons.First, the default will be registered as a foreclosure on their record and will prohibit their ability to get a loan for up to 7 years.Second, there is the ethical concerns that come from legally agreeing to repay the $200k and then defaulting and only paying $50k.Third, I am unsure if there would be any legal ramifications if the lender found out that this was a strategic default and that the homeowner was able to continue to make the payments.
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22 April 2018 | 61 replies
This part of the retirement industry tends to be quite specialized as traditional custodians don't want to handle this business for a variety of reasons.Please be cautious about single member LLCs as they do allow more flexibility; however, unless you are extremely familiar with the rules on self-direction, you can easily do a prohibited transaction and put the tax advantaged status of your account at risk.For instance, did you know that if the LLC applies for credit (even a credit card) and you sign off on the application as the manager of the LLC this is a prohibited transaction?
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3 February 2012 | 40 replies
They have a policy prohibiting code from sites like postlets.
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6 February 2013 | 3 replies
Internal Revenue Code Section 4975(e)(2)http://www.irafinancialgroup.com/wp/irs-confirms-certain-prohibited-transaction-rules/"For purposes of section 4975(e)(6) of the Code family members only includes the following:The IRA owner’s (which in this case would be the fiduciary of the IRA under section 4975(e)(A) and section 4975(e)(3)) spouse Ancestors (Mom, Dad, Grandparents) Lineal Descendents (daughters, sons, grandchildren)Spouses of Lineal Descendents (son or daughter-in-law)"http://www.law.cornell.edu/uscode/text/26/4975-Steven
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27 December 2010 | 29 replies
The normal rules apply, though, as far as disqualified persons and prohibited transactions.