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2 April 2024 | 9 replies
. $200; I don't see a "Closing Protection Letter" or "Abstract" in all of the quotes).Two varying examples below:
3 April 2024 | 8 replies
Any form submitted after the closing date will be deemed by the IRS to be untimely and require that the mandatory withholding amount be sent to the IRS within 20 days of the closing date.As a practical matter, all of this has two key impacts:1031 exchange Buyer of a foreign person’s real estate – As the 1031 exchange Buyer of a foreign person’s real estate, you would be required to withhold 15% of the fair market value of the real estate, typically the purchase price, at the time of closing.
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2 April 2024 | 1 reply
Do you leave rent alone if you have good tenants, or do you typically do a 2-3% increase each year?
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2 April 2024 | 1 reply
In this example, the first month’s payment on a non-Dutch repayment schedule would be ($70,000 x 10%) / 12 = $583.33.
5 April 2024 | 27 replies
Typically, when I'm counseling with an out of state client that is living in a higher cost of living area - the client is usually better off to house hack in an expensive market rather than buying RE in a lower cost of living area unless there is a lot of excess capital to work with.If you have any questions - feel free to reach out as I am happy to chat.
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3 April 2024 | 19 replies
I would look into getting a registered agent address lots of offerings for this type of service it will help a little with privacy and peace of mind but you can and will be found...For example my county took out the name search for property records but if you go to the tax claim bureau site you can still easily search by name and business name.
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3 April 2024 | 7 replies
What are typical lending terms on said properties?
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4 April 2024 | 32 replies
So if we put in, for example, $50,000 on renovations ($25,000 each) and sweat equity equaled to $100,000 then we would both have created $50,000 worth of value, each.
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3 April 2024 | 4 replies
so that typically means you're either (1) starting with a pretty distressed property, or (2) finding something where you can add bedrooms and bathrooms.a cosmetic rehab generally doesn't cut it whether you do the repairs yourself or hire them out.
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3 April 2024 | 7 replies
We typically aim for 15-25% annualized returns for instance, as a mix of cash flow and appreciation.