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23 September 2018 | 5 replies
@Brandon SpenceNo as such transaction would violate the following prohibited transaction rule. https://www.irs.gov/retirement-plans/plan-particip...
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7 May 2017 | 7 replies
Hi All, I have a property that is slab on grade and I want to create an island in the kitchen, but I need to get the electrical over to it (about 4' away.) It seems like the simplest way to do this is to cut a small ...
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27 April 2016 | 10 replies
., excluded.)Not understanding the definition of a prohibited transaction when lending through your retirement plan.Making the perfect loan to a perfect borrower on a historic home, without knowing that there are three historic committees that must all agree on the repairs but never meet at the same time.
5 January 2023 | 18 replies
I don’t live within Atlanta city limits but I have been researching my municipal’s laws and I haven’t found anything that prohibits me.
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13 July 2018 | 37 replies
Make sure upfront there are no pre-pay penalties or other prohibitions on 30 year money to cash-out refi in 1-2 years (cash out refi when you occupy if possible).
18 April 2018 | 18 replies
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13 October 2017 | 6 replies
Are there any local laws (on the Missouri OR Kansas side) that prohibit short-term rentals such as Airbnb?
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4 December 2017 | 16 replies
DSTs are usually best utilized with very large numbers of investors I'll bet the cost to set one up is going to be prohibitive both from a $ and time perspective.
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9 June 2020 | 3 replies
If so, it will require all the normal mechanicals (water/sewer, electric) that's probably cost prohibitive, but maybe you get lucky.BTW: Most residential lenders require 6-months seasoning before they will lend based on a new appraisal.Good luck!
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12 February 2020 | 18 replies
It essentially only applies to new tenants who are seeking apartments.In regards to verifying tenants assets, there’s nothing in this Law that Prohibit people from asking for pay stubs, W-2s, credit history, etc. if you screen your tenants with that information already, you can keep doing that.As an aside, it may be important to note, that currently, HUD Is considering a reform that would outlaw source of funds when screening tenants, which essentially would require everyone to accept Section 8.