
19 September 2019 | 17 replies
Unfortunately, you need to wait for a 6-month seasoning period before you tap into your home equity cashing out to start and accomplish your renovation projects. https://www.fanniemae.com/content/guide/selling/b2/1.2/03.htmlCash-out refinance transactions must meet the following requirements:The transaction must be used to pay off existing mortgages by obtaining a new first mortgage secured by the same property or be a new mortgage on a property that does not have a mortgage lien against it.Properties that were listed for sale must have been taken off the market on or before the disbursement date of the new mortgage loan.The property must have been purchased (or acquired) by the borrower at least six months prior to the disbursement date of the new mortgage loan except for the following:There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).The delayed financing requirements are met.

14 September 2019 | 13 replies
Are you all OK operating (now or later) as a partnership for tax purposes?

16 September 2019 | 6 replies
My goal demands achieving a high amount of cash flow over a short time period which means I may need to be more active in my investments, focus on value-add deals and utilize partnerships for larger projects.

7 October 2019 | 4 replies
@Mo FarrajYou should have your attorney draft a "partnership agreement" that takes into consideration state law in your jurisdiction.Depending on the amount of profit you're expecting and/or the amount of deals you intend to do with this individual, you may want to ask your CPA and attorney about forming an LLC and writing yourself into the operating agreement as the "functional equivalent of a limited partner."

13 September 2019 | 4 replies
What partnership terms do you work out.- Investor will pay the Agents Yearly Fees for MLS acess?
13 September 2019 | 2 replies
My contractor offered me a partnership on his next house flip, what can i do to protect the money i will invest?

27 September 2019 | 2 replies
The federal due date of the owner's return depends on what kind of tax entity it is (individual, C Corp, S Corp, partnership, trust).State filing obligations need to be identified as well and may have different due dates than the federal return.

16 September 2019 | 4 replies
The detail of your partnership will be spelled out in the operating agreement and partnership agreement.

13 September 2019 | 1 reply
HelloI was wondering if anyone knows about splitting TIC partnership interests during a sale?

14 September 2019 | 2 replies
The LLC is run as a 2 person partnership with me owning 99% of the shares.