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22 May 2020 | 2 replies
Most buyers will view the property with a sense of pride and will likely treat it better than were they mere tenants.And the final pro that pops to mind: if a seller is no longer interested in real estate, but still wants "Mailbox Money," then this provides a solution.
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27 May 2020 | 4 replies
If you have a single member LLC, the Federal IRS treats it as a "disregarded entity" --- basically, it doesn't see the LLC as another legal entity so the LLC's filing is with your own personal return.
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24 May 2020 | 2 replies
I have a lender that I have worked with for several years and they have treated us well but they won't finance a MHP with this much vacancy.
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26 May 2020 | 10 replies
Try to make it abundantly clear who is in charge of the project and who is just participating passively and thus should be treated like a LP.
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25 May 2020 | 10 replies
There was never a time I could think of a buyer treating me bad because I was new.
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28 May 2020 | 3 replies
I kind of see it as being treated in own category via SchE.
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30 May 2020 | 13 replies
Some here will treat their STRs as a hotel: turn and burn as fast as they can.
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4 June 2020 | 59 replies
If I were still a "real estate hobbyist" (as my partner calls it) running small SF portfolio, I might show sympathy for the individual and at least look at their overall application package including income verification (but I would still call the credit reporting agency to verify accuracy).Now that I'm running a multifamily business with a millions of investor dollars at risk (and if you treat your portfolio like a business), I stick to pre-established processes.
10 June 2020 | 3 replies
When the state tells you it’s too dangerous to get treated by a doctor for chiropractic or physical therapy treatments yet deems a liquor store essential- It’s not about your health!
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1 June 2020 | 5 replies
That does not change the taxpayer so would be fine for 1031 purposes.Now the caveat to that is how the state will want to treat it given that you are in a community property state.