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23 August 2017 | 4 replies
. § 14-11-702, which reads as follws: (b) Without excluding other activities which may not constitute transacting business in this state, a foreign limited liability company shall not be considered to be transacting business in this state, for the purpose of qualification under this chapter, solely by reason of carrying on in this state any one or more of the following activities: (1) Maintaining or defending any action or administrative or arbitration proceeding or effecting the settlement thereof or the settlement of claims or disputes; (2) Holding meetings of its managers, members, or other owners or carrying on other activities concerning its internal affairs; (3) Maintaining bank accounts, share accounts in savings and loan associations, custodial or agency arrangements with a bank or trust company, or stock or bond brokerage accounts; (4) Maintaining offices or agencies for the transfer, exchange, and registration of membership or other ownership interests in it or appointing and maintaining trustees or depositaries with relation to such interests; (5) Effecting sales through independent contractors; (6) Soliciting or procuring orders, whether by mail or through employees or agents or otherwise, where such orders require acceptance outside this state before becoming binding contracts and where such contracts do not involve any local performance other than delivery and installation; (7) Making loans or creating or acquiring evidences of debt, mortgages, or liens on real or personal property or recording the same; (8) Securing or collecting debts or enforcing any rights in property securing the same; (9) Owning, without more, real or personal property; (10) Conducting an isolated transaction not in the course of a number of repeated transactions of a like nature; (11) Effecting transactions in interstate or foreign commerce; (12) Serving as trustee, executor, administrator, or guardian, or in like fiduciary capacity, where permitted so to serve by the laws of this state; or (13) Owning directly or indirectly an interest in or controlling directly or indirectly another person organized under the laws of or transacting business within this state.Good luck!
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19 June 2014 | 5 replies
I have a straight 50/50% ownership in a property I bought with a partner a year ago, and it is doing well.
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18 April 2018 | 7 replies
I believe at 3 months ownership that would be taxed at regular income, not short term Capital gains, which I believe kicks in on day 366.
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4 November 2019 | 2 replies
I will be executing a bill of sale, sellers disclosure and an Application for Statement of Ownership once I receive verification of the amount that is due.
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5 March 2017 | 4 replies
Your goal is to take ownership of those personal work habits that lead to success, as you only have influence and not ultimate control of the outcome.
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31 October 2016 | 13 replies
The only way for Mexican government to get ownership of land is by buying it from the owners in and only in the rare case it’s needed for public purposes (such as building roads).
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10 August 2016 | 3 replies
I have been listening to a guy lately who owns about 5,000 units and is very against home ownership being bad right now and buying small apartment complexes right now with tenents who are basically making your payments of debt being the way to go.
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3 January 2017 | 13 replies
LISTS Primary Lists Equity owner i.30-100% equityii.owned 4 years or longeriii.SFR1.no apts, condos, land, MH, MF, etciv.1-3 bedrooms1.this is where they buyers buysv.Home values that are less than the median sales price in areavi.Exclude corps and trusts1.harder to deal with2.more sophisticated3.won’t get as good as deal typicallyvii.Absentee owner1.out of state – 1st best2.in state, but out of city – 2nd best3.in city – 4th4.everybody markets to them5.1st call pretty fastviii.Owner occupied1.65 years or older – 3rda.owned for 15 years or longeri.most likely deferred maintenanceb.do not use home as a retirement vehiclei.will want to be movingii.kids have moved outiii.neighborhoods have changediv.need a care facility2.everybody else – 5th3.not getting bombarded4.1st call a little slower because they don’t’ get touched as much Market for 90 days, every 3 weeks if you can i.Shorter than 3 weeks is too fastii.More than 6 weeks is too long You absolutely must have bought a house after getting 90 calls i.If not, your list must be faulty Sub-lists Obituary notice i.Not a probateii.Not inheritediii.Might be a trust Probates i.Has to have real estate attached Inherited i.Didn’t go through probateii.More than likely a quick claim deed, special warranty deed Unlawful detainers(evictions) i.Court action by landlord against tenant Divorcees i.Has to have property involved Pre-foreclosures i.Period of time that lender has lender has to change ownership of propertyii.Lis pendensiii.notice of default1.judicial or non-judicialiv.most don’t market to trustees because it happens so fast Mortgage lates i.30, 60, 90, 120ii.behind but not in foreclosureiii.30 days is too short to market too…could get caught up on paymentiv.60, 90 days is better to market to Expired listings i.Setup as a hot list FSBO/FRBO i.Put in yard or websitesii.Call the phone number on signiii.Send mail if you are getting a subscribed listiv.This is a hot callv.Set appointments to buy, not sell1.it is important that all the decision makers are there when I come to buy your house.
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23 June 2015 | 11 replies
Thus, the downpayment would be low and, if the property is ready to rent, the turnaround time to cashflow would be relatively short.I have been entertaining some side income possibilities, but I don't think there is anything that would yield income immediately.You are correct that FHA requires that the property is 1-4 units, which I think is precisely because anything 5+ units is commercial (and thus wouldn't achieve the gov'ts goal of encouraging home ownership).A bit of this is also buying my first home, while also leveraging FHA and house hacking to get into an income property, and using it as a launchpad for future investments.