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11 September 2016 | 11 replies
If they only read your title post, they too may think an LLC has magic tax beans.The idea that tax benefits exist simply by having an LLC is what I was emphasizing.
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23 August 2016 | 5 replies
Very simply, I am looking to connect people to on and off-market opportunities.
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22 September 2016 | 63 replies
@Kyle Cabral Yeah, I completely lost control of it there from the get go.
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23 August 2016 | 10 replies
Since that's the case simply pick one and go for it.Personally, I'd go for the deals first.
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24 August 2016 | 9 replies
Keep it complete and simple when you are offering.
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23 August 2016 | 5 replies
I was hoping to find something very clear online about what it actually means more specifically, but am having no luck.So normally, under that standard languaging, if consent is requested to assign a commercial lease, does "performing a standard screen/background check on the new would-be tenant, as if it were a completely new application for an unoccupied space" count as something I can legitimately do?
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24 August 2016 | 6 replies
@Andrew R. the NRW 91-01: Withholding on Sale of Real Property by Nonresidents is a good link - I went to bookmark it and found I had already done so in 2012 :)My understanding is that it's "withholding" meaning the seller may get some or all of it back once s/he/they file a tax return in Rhode Island for that year.Also a close reading mentions a possible exemption for sellers 55+"In the event that the sale of the property by a nonresident will not be subject to tax under Sections 121 (One-Time Exclusion - Over 55 Principal Residents)... the nonresident seller must make the gain election and file the RI Form 71.3 Election even though no withholding need be made""If the property Martha was selling was her residence and if she otherwise qualified and intends to treat the sale under Section 121 of the Internal Revenue Code (one Time Exclusion Over 55 Principal Residence), she would still have to file the election form 20 days before the closing but would complete the election form and use the special types of transactions area on the back.
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26 September 2021 | 4 replies
Something like this:This home has a completely remodeled kitchen and bathroom, new hardwood floors throughout, all updated mechanicals, new roof, etc - which none of these comparable properties have.
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27 August 2016 | 23 replies
I see this talked about in CE class. but in practice never going to happen.as stated above.. until you have all signatures offer counter offer, Acknowledgment of counter offer. you have no contract... you simply have an offer.And it sound like you went in at a price YOUR agent recommended so it was not full price.. so there you go... most important word in Real Estate is NEXT.
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25 August 2016 | 5 replies
This is not being cold, it is simply managing risk.