6 October 2015 | 7 replies
NEVER lie to obtain financing - if the flip deal goes bad the lender will view your misstatements as fraud.

5 October 2015 | 14 replies
Our CPA who prepared the K1 indicated that because most of our other deals were flips this particular investment should be viewed the same.
15 December 2015 | 3 replies
Google street view till this day has dealership operating.

8 October 2015 | 6 replies
Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real 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 transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

10 October 2015 | 44 replies
When I described to him exactly what I went through every time I'd tried to quit smoking, he put his hand on my shoulder and he said, 'You just described what I went through.'

21 February 2016 | 16 replies
SEO is likely not your best source for getting views.

10 October 2015 | 11 replies
The state views a rented residence as essentially belonging to the tenant once you lease it to them.

9 October 2015 | 3 replies
Would you buy a package of condos together without physically viewing ALL of the units?

13 November 2015 | 32 replies
Namely; a CPA can talk about how the IRS views things based on their Private Letter Opinions/former controversy before the USDC, or before administrative tribunals.