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30 September 2016 | 12 replies
Failure to adequately follow recordation requirements could invalidate the instrument you used to create the easement.Additionally, you may become liable for tax deficiencies for the improved land.There are a number of liabilities from both injury and tax perspectives that you should become aware of, and contract with a local attorney to adequately protect your interests.Disclaimer: Not legal advice.
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8 October 2018 | 24 replies
An IRA may borrow, but the debt instrument must be non-recourse, meaning no personal guarantee from you.
7 December 2017 | 2 replies
Intangible rights to the asset may be another story...https://www.sec.gov/about/laws/sa33.pdf(1) The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.
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2 July 2015 | 9 replies
When someone writes you a check they are signing a legally binding instrument.
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5 December 2022 | 24 replies
I agree any debt instrument or long term lease option in my mind I want it of record so nothing can jump ahead of me on title through the term of the deal..
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30 May 2019 | 2 replies
An LLC typically must disclose the members of the LLC on the filing instruments called the Articles of Incorporation.
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29 February 2016 | 34 replies
Did you know that you can take your retirement savings instruments and use them to buy real estate?
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25 February 2020 | 125 replies
Bigger Pockets has been very instrumental to me over the past few years.
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13 October 2014 | 18 replies
Keep in mind that you can always get exposure to foreign real estate as an asset class, via REITs or other passive instruments, without dealing directly with language barriers, time zones, logistical issues (14+ hour flight), etc.
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4 March 2013 | 16 replies
So, the first thing I would do is look up the title to the home and see if the security instrument is still valid.