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20 November 2017 | 10 replies
Here's the situation:Perousing the internet and MLS I found a very distressed property that had only been online for about 6 hrs and I put in an offer; The issue is, I don't know what the heck I'm doing.
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20 November 2017 | 10 replies
One who understands real estate taxation and the other who understands individual taxation?
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20 November 2017 | 17 replies
Some have been more conciliatory and said they will still list, but the PMs have to pay to list each of their properties just like the individual homeowner does.
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20 November 2017 | 12 replies
Basically, I had no choice but to get the loan from finance guy(who by the way can pre-approve me in 30 minutes if I finish on-line application process) that I never met due to last minute request from the seller.
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19 November 2017 | 13 replies
(This is considered to be the same as total ownership of an individual property).Note: Other properties owned or financed jointly by the borrower and co-borrower are only counted once. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation; however, the financing is in the name of the borrower. Obligation on a mortgage debt for a residential property (regardless of whether or not the borrower is an owner of the property). Ownership of property that is held in the name of a limited liability company (LLC) or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of 25% or more, regardless of the entity (or borrower) that is the obligor on the mortgage. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combinedownership in the LLC or partnership of less than 25% and the financing is in the name of the borrower. Ownership of a manufactured home and the land on which it is situated that is titled as real propertyType of Property Ownership NOT to include in Financed Property Count: Ownership of commercial real estate. Ownership of a multifamily property consisting of more than four dwelling units. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation and the financing is in the name of the corporation or S-corporation. Ownership in a timeshare. Ownership of a vacant (residential) lot. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership. Ownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).
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20 November 2017 | 2 replies
2-In the civil judgments I see (company name vs individual) like the company sued the home owner and trying to collect their debit through judgment at the court then won the case and got the court order to the sheriff/constables to levy and sell at the sheriff auction.
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21 November 2017 | 8 replies
Also is there anyone who uses bill paying software to allow their tenants to pay the rent online?
14 February 2020 | 11 replies
I am looking to start a property management company focused on individual investors in the Mid-Atlantic.
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22 January 2018 | 2 replies
I looked the house up online and the fire happened about 5 months ago.
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20 November 2017 | 6 replies
There is only one tax ID number for the Series LLC so the tax reporting if you are the sole member would be as a disregarded entity (pass through) and you would keep separate accounting records in your quickbooks to "tag" the income and expenses of each individual series (just like you would for separate LLC's). $1200 is expensive when you consider the alternative that I am suggesting is infinitely expandable at no additional costs for the rest of your life.