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18 July 2011 | 25 replies
You're looking at 60-65% LTV's at best and above market rates.2) You'll pay UDFI tax on the debt financed portion. 3) The debt financed fraction is current debt divided by the basis.
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16 July 2011 | 6 replies
And you will also be considered a "Dealer" for those properties that you wholesale.As for whether you do it through your personal name or company, I don't think the liability is going to be much different if you're not planning to actually close on any properties (though I'm not an attorney and I'm sure there are some edge cases where it does make a difference).From a tax perspective, if you have an S-Corp or an LLC taxed as an S-Corp, you may be able to save on self employment taxes for a portion of your income if you buy/sell through the business.
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7 February 2012 | 12 replies
We just had people making bad decisions, taking a portion of the law and applying it in a way that was not legal," Tarrant County clerk Mary Louise Garcia said.In one case, an Arlington travel nurse came home in September to find her locks changed and two TVs missing, according to a police report.
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8 August 2011 | 8 replies
Also, isn't it against the law to give the seller money or portion of any existing equity ?
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15 July 2018 | 35 replies
Better safe than sorry.Looking at my quote, $250 of the premium is for the liability portion.
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8 August 2011 | 17 replies
Offer to pay a portion, or all, of the medical expenses and have your tenant sign a release stating she is satisfied with your remedy.
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6 August 2011 | 11 replies
Ideal sellers would be wholesalers looking to move a large portion of their inventory.
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20 August 2011 | 4 replies
The exclusion does not apply to the portion of the gain while the property was held as a rental or nonqualified use.
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9 August 2011 | 4 replies
The higher tax bracket rate does not apply to all of your taxable ordinary income The federal government does not exempt any of your 403b distribution from taxes, but many states will exempt some portion of your retirement distribution from state income taxes.
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14 August 2011 | 8 replies
Im hoping to get it no money down and make the payments, but if I had to I may give her a portion of the rent, but it would be very little if I did.