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8 May 2007 | 7 replies
So I doubt that if I paid the $100 to have an inspection done(nonrefundable), that I would even be able to pass.Apparently this policy change is due to a change in the FCRA (Federal Credit Reporting Act), which then impacted TransUnion's policy -- previously, they were the only one out of the three major agencies that would allow landlords to pull credit reports without doing an inspection of their facilities.
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2 March 2008 | 17 replies
balloons and large cardboard signs are not very expensive at all...when you come from poverty...you get REAL creative....when I am selling it will look like the Macy's day parade on the nearest major road...Old school stuff....They will come in flocks....old school says ther is results in numbers......
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10 November 2006 | 1 reply
:cry: 1 - Build relationship with probate/divorce attorneys, real estate owned departments in several banks, closing attorney, appraiser, a few private lenders and a general contractor.
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26 October 2008 | 3 replies
Income taxes due from depreciation recapture can not be deferred into the following income tax year and are due in the taxable year in which the Investor disposed of (sold) his relinquished property.It will depend on whether the Tax-Deferred Exchange Agreement used by the Qualified Intermediary for the Investor’s tax-deferred like-kind exchange transaction includes the required language contained in Section 1.1031 of the Department of the Treasury Regulations prohibiting access to the 1031 exchange funds until the following income tax year.The ability to defer the recognition and reporting of the taxable gain into the following income tax year depends on when the Investor has the right to obtain access to or receive the benefit from his 1031 exchange funds.For example, if an Investor disposes of his relinquished property as part of a 1031 exchange and the relinquished property disposition closes on December 1 of any taxable year, the 45 calendar day identification deadline and the 180 calendar day exchange period are both in the following income tax year.
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12 November 2006 | 0 replies
A majority of listings expire, UNSOLD, especially single family residential (SFR) properties.
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14 November 2006 | 2 replies
Offering cash to a represented seller is always a plus, because it takes away one of the major contingencies in a real estate contract that makes probably more deals fall through than anything else, the financing contingency.
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11 December 2006 | 9 replies
I have used one from Bank of America before, but they try to contact you through their mortgage department once you submit.It would be nice to have a complete list of sites to use to get a blemded average to determine electronic AMV.Thanks,
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27 January 2007 | 4 replies
You pay all of them at year end.I would always recommend consulting a qualified accountant that specializes in real estate investments before doing any major transactions.
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13 December 2007 | 48 replies
Every major decision I make and have made up to this point is pretty much based on the result of one question: "Is this going to help me get there or not?"
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24 January 2019 | 7 replies
They are on their way to lose their house so that normally motivates them to figure something out.The con's include that surprisingly most people facing foreclosure are in major denial of their situation.