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11 August 2019 | 3 replies
I'm looking to buy my first property and house hack and ideally remodel a portion of the house to add value and pull the money I used to remodel back out after refinancing.
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1 July 2019 | 53 replies
. - the idiot lawyer who set your business up as an S-Corp probably was under the impression that you were a serious investor (based on your acquiring a property at 10k and rehabbing it/ there’s a name for that strategy you know) and was trying to save you money by structuring your business such that you could pay yourself a portion of your profits (and pay taxes on only those payments), while retaining the remaining untaxed portion.
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27 June 2019 | 2 replies
@Chan Reagan, If your accountant is able to separate out the primary residence portion from the investment portion.
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28 June 2019 | 1 reply
One title company says we can't file an advise possession suit.. file partition or sell and put the missing heirs portion in the registry of the court so they can collect later..
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27 June 2019 | 0 replies
I live in Leonia so I am very familiar with the southern portions but not as much with the rest.
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30 June 2019 | 54 replies
There has to be logic to that somewhere, and it sounds like nobody really understands it all, but some people understand specific portions of it.
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7 July 2019 | 4 replies
You can withdraw some portion (or with pre-tax dollars of a 403(b) all) of the funds but you WOULD likely incur a penalty and/or a tax.The "hack" of using your retirement account funds in investment real estate comes primarily from the idea that you can funnel funds into a Self-Directed IRA from a number of different sources (like rolling over a 403(b) when you separate from the service that sponsored it).
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30 June 2019 | 1 reply
If they do, and the landlord responds within the 10 day allowance, that tenant’s voucher can get placed “on hold” until compliance is made with the current landlord.If a SEC 8 tenant has an outstanding landlord judgment, HUD will not reissue their voucher so they can move until the judgement is satisfied or a payment plan has been agreed upon.SEC 8 tenants are educated in the process of home inspections and are quick to call if they see a problem that may compromise the house, such as a water leak.In most markets, SEC 8 pays “market rent” based on comparable non-SEC 8 units that have rented in the same city within a 5 mile radius, within the last 6 months.After the first 12 months, SEC 8 will consider a reasonable rent increase, regardless of the lease term.SEC 8 tenants almost always pay a portion of their rent.
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28 June 2019 | 1 reply
There is a property that I was interested in purchasing, but the person who I reached out to only owns a portion of the home.
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30 June 2019 | 4 replies
It's located in a place that's a fit for a small, local business with growth expected a few years down the road.My plan: buy it, treat the shop in the back as a separate office unit/workshop for my business, and get the front portion fixed up a bit (probably need to do some sound-proofing between the back and the front) and lease the space to another business to cover some or maybe even all of my expenses on the property.