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6 August 2015 | 6 replies
Here are some valuation specifics:- Rental prop value: $530k with $160k equity- Will sell current primary residence for $850k with $150k equity- Looking to roll all $310k equity into a new primary rez that has a rentable unit or guest house to rent or use as business office thus satisfying business asset criteria.- New Primary residence value to be in the neighborhood of $900k-$1m, give or take.- So, Uncle Sam is holding his hand out and I'll be on the hook for roughly $70-$80k in cap gains and depreciation recapture.
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14 July 2016 | 11 replies
You can lose your earnest money messing around and your alternative to avoid other issues will be to make an application, pay loan expenses and then be denied by a reputable lender to satisfy your contractual obligation.
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26 November 2018 | 148 replies
But this book has the potential to satisfy all the questions I've been harassing my bankers with lately hahaha.
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12 September 2016 | 5 replies
Do this enough to satisfy the ability to prove someone is living there in accordance with your particular state's laws regarding what a tenant is defined as.
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1 March 2018 | 1 reply
Another mortgage on the property, which has been satisfied shows an assignment from Bank of America, N.A. successor by merger to Golden First Mortgage Corp.
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4 March 2018 | 14 replies
Sounds to me as though the broker/agent already satisfied their agency duties by bringing together two willing and able parties.
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21 March 2018 | 4 replies
Partnerships have the inherent flexibility to accommodate tax allocation schemes to accomplish just about any economic arrangement you seek, as long as a given scheme can satisfy either the substantial economic effect or partners interest in the partnership provisions of the tax regulations.
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5 June 2018 | 10 replies
House hack if your like me I actually like painting just one room to be satisfied in ownership.But go talk to the commercial lender and tell him your situation about your 1 strike.
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5 September 2019 | 57 replies
Whether they're great, or not great, I'm sure there are many satisfied customers.That said, I think her biggest complaint seems to be they weren't upfront with her regarding what they said they would do, and what they did do.
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17 June 2020 | 21 replies
If you are doing all the work for your rental - leasing, rent collection, property management, cleaning upon turn, etc - then maybe you satisfy the “material participation” requirement even though you don’t put more hours than your W2 job and are not a real estate professional.