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11 December 2024 | 5 replies
Is it reasonable/expected to ask the seller to provide all their income/expense reports.
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11 December 2024 | 29 replies
Please do report back to the post.
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11 December 2024 | 7 replies
You might also want to consult local property managers or rental market reports for a more accurate picture.When it comes to estimating CapEx during preliminary analysis, without visiting the property, you can use a general rule based on the property’s age and condition.
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9 December 2024 | 20 replies
Is there a report that says lower priced homes are more likely to have a seller assistance?
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9 December 2024 | 1 reply
This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.
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15 December 2024 | 18 replies
The rates are higher and points +++ plus prepay for a commercial loan or hard money loan.Loans closed in America are reported and stats are available as to who closed, how many, loan officer, dollar amount, loan type, location and more detail.
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1 December 2024 | 1 reply
My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side.
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12 December 2024 | 18 replies
We had a third party report done for our prior offerings (similar to how a mutual fund has a third party verification report to verify the returns).
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11 December 2024 | 6 replies
If the property is in service then it’s reported on your 2024 tax return.
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13 December 2024 | 13 replies
You need to make sure that your property is easily financeable if you decide to sell it in the future and any future buyer can call out non-permitted items and actually report you to the building department or, at a minimum, ask for seller concessions.