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19 June 2018 | 0 replies
I understand this is a loaded question and most of the people on this forum are quite busy, but as a newbie who is only equipped with capital and a vision, what is the “rule of thumb” I should remember as I start out?
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29 June 2018 | 23 replies
A sophisticated investor and a syndicator must have pre-existing relationship though in order to allow one to join a syndication based on this rule.
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25 June 2018 | 14 replies
I don't think that applies here based on the records I have found so far, but I'll definitely keep that in mind as one of those weird edge cases to try to understand better if I end up getting deeper into this process.3) you call the IRS lien department they can fax you a paper document stating if there is a lien or not its best to have this - unsure about the 120 days start date but we can safely assume it starts once the sale occurs or the date its switched legally in the clerk systems.Maybe calling the IRS will be a bit more enjoyable when it's to talk about someone else's taxes?
24 July 2019 | 7 replies
You Can Catherine but you will come up invariably upon the Self Sufficiency Rule (or SS Rule).
20 June 2018 | 18 replies
So at that point I could probably argue we were still under “market” a bit at the new price, but seeing as I’m already over the 2 percent rule by a lot at the current rent an extra 50 bucks doesn’t do much for me
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20 June 2018 | 9 replies
Learn something new that you will be able to apply again and again.
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25 June 2018 | 8 replies
He wont give one , and tells them they have road frontage , they dont need an easement . ( wetland rules make it about $250,000 to build a road 400 ft ) .
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21 June 2018 | 3 replies
The house is a fully remodeled 5 bed, 2 bath at 72nd and Pecos in Adams County so I’m wondering if anyone here has experience with Airbnb in this area of Denver, what you are grossing monthly on average and if there are any Adams County rules that restrict Airbnb of non-primary residences (like city of Denver does).
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21 June 2018 | 11 replies
In regards to bridging the gap, it's completely legal as long as everything is disclosed properly (note, it's been a while since I've had to do that, so the rules may have changed - verify with the lender).
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20 June 2018 | 8 replies
If there is a mortgage attached to the property there's a 99.99999% chance there's a clause in the mortgage that requires it be paid off when you sell - regardless if it's in your personal name or an LC.Yes, it does complicate things when doing 1031 - but not really... there are rules you have to follow to stay in compliance with 1031.