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18 August 2020 | 42 replies
For the hold, I recommend treating it as a flip...
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16 August 2020 | 9 replies
Banks do loan to unmarried couples, but, from what I've seen, they tend to treat them as two individuals rather than one unit.
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13 August 2020 | 7 replies
I won't discuss CCorps as I spend very little time on that arena.I will fully agree with talk to an attorney to help to draft up the paperwork properly depending on what situation you are in and what you are trying to accomplish - a different transaction structure such as a straight asset sale could be a better choice.1) If the entity is formerly a partnership, now disregarded, rev rul 99-6 walks through the analysis that has us treat as an asset sale 2) If the entity is formerly a partnership, still a partnership, 754 gives you an avenue to agree inside and outside basis3) If the LLC was disregarded, and still disregarded, we also treat as an asset sale - the assets are treated for federal tax purposes as held directly by either party.4) entity was disregarded and now a partnership - rev ruling 99-5 provides the mechanism for what is effectively a step up.5) if it was formerly an SCorp, we can maintain SCorp status and run a 338(H)(10) transaction to achieve a step up in basis in the underlying assets.
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15 August 2020 | 2 replies
And I think that knowing U.S. law, including as imparted through Nolo Press, will help you to be fair, & even-handed in dealing with tenants, which is important, due to many people will treat you back, the way you treat them.
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5 June 2021 | 12 replies
Just randomly came across this, might be too late @Ronak Patel but if your title and legal description says you own two lots you might NOT need to subdivide it; it's already done for you.ADU you can get it permitted and built quicker, but I don't think it'll add to the exit value as much since most appraisers and market resale is not treating it at the same dollar per sqft as regular SFH (but it's pretty close in some markets I've seen like in Long Beach).4,000sf lot is still manageable.
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13 August 2020 | 1 reply
because after the markets treating me good I decided to come back to real estate, the issue I'm having is finding a good realtor even when I was wholesaling it was impossible to find a decent realtor.
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14 August 2020 | 3 replies
See if you can find a lender that will treat it as commercial for lending purposes.
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15 August 2020 | 3 replies
Treat your new house purchase like an investment property.
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6 September 2020 | 7 replies
And how's Japan treating you?
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17 August 2020 | 5 replies
A good, local bank, that treats you well, and trusts you with lines of credit will allow you to go far.OPM is the best.