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12 April 2020 | 11 replies
Unless you have a lot of experience in searching and examining title is tough to be sure you have identified all the documents that may affect title and being sure what effect they may have.
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16 April 2020 | 6 replies
I repeat, NEVER rely on a PM company to do your job and your business.
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12 April 2020 | 8 replies
"repair allowance", viewed as a seller contribution toward the cost of future repairs to be made by the buyer, unacceptable to lenders; may not give cash at closing; lenders look at any contract references to "needed repairs" which could affect the value of the property. 2.Seller-Funded Permanent Buydownspay to lower the buyer's mortgage interest rate.
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19 April 2020 | 19 replies
If you're going for cash flow then you should be in it for at least a few years, in which case any downturn that happens won't affect you unless you sell.
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11 April 2020 | 3 replies
The FDIC & NCUA have been encouraging banks to help meet the needs of customers affected by Covid-19.
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5 August 2020 | 5 replies
While 1031 Exchanges are clearly not the 1st priority right now, people who took the time & expense to set up these transactions, & were (or will get) shut out through no fault of their own (county clerk's offices closed or whatever the reason may be), should not be hit with a tax they weren't supposed to pay under our tax code. 1031's should be honored.Denial of 1031 benefits also affects a chain of other transactions with a domino effect, clearly not something we need right now in our economy.
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13 April 2020 | 43 replies
Yes, I already understood the basics, but just wanted to see if it’s common for a Broker/investor to pocket fees and whether that affects the offers they put in while purchasing, or their listing price when selling (their own home). 6% can be quite a lot, and 3% as well!
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11 April 2020 | 3 replies
Like @Evan Polaski mentioned, this "corona thing" is temporary and RE multifamily, in particular, isn't being affected by it....YET.
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12 April 2020 | 6 replies
When a tax-exempt entity (IRA, 401(k), HSA, non-profit, etc.) engages in a trade or business on a regular or repeated basis it is creating Unrelated Business Taxable Income (UBTI) which is subject to tax.
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13 April 2020 | 14 replies
The majority of investors are going to be cautious and some have been negatively affected.