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17 April 2024 | 18 replies
Your SDIRA assumes legal responsibility for the loan.
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17 April 2024 | 5 replies
I'm about to seek legal council but wanted to run a quick check here about thoughts, tips, advices.
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17 April 2024 | 13 replies
It has to be done carefully and with good legal advice to avoid a RESPA violation.
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18 April 2024 | 141 replies
There are topics on generational wealth, etc. etc. so people are definitely thinking about the future.
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17 April 2024 | 16 replies
I've closed 3, so definitely not the most experienced on the Commercial Side, but in my experience a lot of these Commercial Lenders want to see a Personal Financial Statement.
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17 April 2024 | 22 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
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17 April 2024 | 0 replies
Definitely do it.
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17 April 2024 | 9 replies
These are more complex legal structures that can provide even more protection than a traditional LLC alone.
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17 April 2024 | 4 replies
Do not rely on it as legal advice.
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16 April 2024 | 20 replies
Other advantages include value add, tax benefits, capability to legally avoid paying taxes on extracted money, and ideally cash flow.