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19 November 2024 | 12 replies
You want to properly classify transactions such as Contributions/distributions if they are between the entity and the owner itself.If the entities are not direct owners, you have have a Due to / Due From to properly keep track of money owed between the entities.Best of luck!
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21 November 2024 | 3 replies
My wife is a agent(mostly for our personal transactions) can anyone offer some advice on who I talk to when I’m ready to start the 1031 exchange?
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26 November 2024 | 35 replies
Fingers crossed but she confirmed over the phone.
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18 November 2024 | 12 replies
Here in College Station, TX I'd say its no big deal just cross your T's dot your I's, and head on down to the local justice of the peace.
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24 November 2024 | 11 replies
There was a road that led to it, but the neighbor that owned the land that the road crossed had piled up a huge pile of debris to block access.
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19 November 2024 | 10 replies
Different things so no big cross over, but you won't be able to claim the homestead exemption while you're renting it out, because it won't be you who is living there.
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18 November 2024 | 6 replies
Financing options include cross-collateralization, cash-out refinance, and DSCR loans.Good luck!
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20 November 2024 | 6 replies
If the EMD is higher than you typically use, you could always use a transactional funder like myself.
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18 November 2024 | 14 replies
Hello, I have purchased 4 different asset manager lists over the past two years, but three were ineffective with outdated information and many email bounce-backs or returned mail.The best list I found was at RealEstateTargetdotcom; I did a successful snail mail and email campaign, and picked up three new banks and an account with LPS.I also cross referenced names on the list to see who was attending or speaking at various REO conferences, and made efforts to meet asset managers in person.
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20 November 2024 | 5 replies
I’m probably preaching to the choir here, but you don’t have to sell (and incur transaction costs, potentially realize a taxable event, etc.) to generate liquidity.