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29 May 2015 | 2 replies
I know that the people I surround myself with make it a priority to put 'me time' in the calendar.So here we go: take 5 mins to have a coffee and find a picture that makes you laugh but encompasses your dreams.
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29 May 2015 | 15 replies
The IRS does.For example: if someone has an IRA that does 1-2 flips per year (with original intention to flip those properties), and that is the only investment activity of this IRA - the IRS may determine this to be an active business.
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28 May 2015 | 0 replies
Specifically, at this meeting I'm looking to meet with: Attorneys (real estate, probate, bankruptcy & foreclosure)BankersMortgage BrokersRE InspectorsLandlordsProperty ManagersWholesalers Plan for 30 minutes to get to know one other and discuss potential partnership opportunities, and share contact info (and a coffee!)
29 May 2015 | 10 replies
If you rented out your townhome, your tenant would have to follow the HOA's rules and regulations which can be an issue.And, if you're only going to rent it out only for a year, then you'll have to go back in and fix and prep it to get it ready for sale after a renter who's probably been a bit rough with it.
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30 May 2015 | 11 replies
If you want to be an active real estate investor and roll up your sleeves to acquire properties and rehab properties then that's great.On the other hand, if you enjoy investing passively with turnkey rental properties and that will help you fulfill your goals then stick with that.A big factor here is TIME.
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2 June 2015 | 6 replies
One thing that arises with a reverse exchange that does not occur in a normal exchange is that there are two transfers of title (normal exchange only has one) - so there will be an extra amount to be paid for transfer tax with that second transfer.
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30 May 2015 | 4 replies
Breaking the chain of TI can be an issue for future owners obtaining their title coverage, your period of ownership may be excluded.
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1 June 2015 | 2 replies
My suggestion is to attend REIAs, find an investor, treat them to coffee/lunch, offer to help them out with office work, rehabbing, finding deals, etc.
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31 May 2015 | 21 replies
This might be an obstacle in his mind set that you can overcome tax wise.
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30 May 2015 | 2 replies
She will be an independent contractor which in banking terms is the equivalent of persona non grata.