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8 April 2019 | 3 replies
As far as numbers goCost of Property closing and Transfer Fee's - $58,000standard rental income per month - $490 - yearly income - $5,880If used as AirBnb - Possible $7100 yearly incomeTaxes - $450 yearlyHoa - $500 yearlyThere are many cost of living videos as well as quality of life videos you can watch on youtube but until you experience for yourself you may not get the real feel of living in Colombia .
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7 April 2019 | 9 replies
Some will allow transfers but there are many who do not which will mean you will be paying for another one should you decide to switch.You need to narrow down what you want to do first, HELOC, 2nd mortgage, refinance are all very different things.
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23 April 2019 | 7 replies
Backoffice usually includes ISA/OSA call center, marketing, transaction coordinator, admin, listing specialists - all they need is boots on the ground.
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3 October 2020 | 6 replies
If I purchase a property in OH and want to hold it in an LLC, do I have to have the LLC set up in OH or can I transfer it to my CA LLC?
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18 January 2020 | 4 replies
Lender B said if I close with my name and then transfer to an LLC after closing, the bank or credit union may call the loan and force a closing, but it is unlikely (whatever that means), and usually they wouldn’t even increase the rate.
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20 January 2020 | 3 replies
What this scenario is saying is that you are ok with taking a FIXED, TAX DEDUCTABLE, NON-MATURING loan...and transfer it to an ADJUSTABLE, NON-TAX DEDUCTABLE loan, that will MATURE in about 10 years....the risk is not worth the reward here.
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2 May 2017 | 1 reply
My lender, NASB (which is a great lender for 401k or IRA financing) is ok with me transferring my rental into a solo 401k LLC for liability protection.
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2 May 2017 | 12 replies
7.When considering your ROI in selling your co-op, also keep in mind that in NYC, you, as seller, will likely have to pay NYC and NYS transfer tax (buyer would likely pay "Mansion Tax" if the sale price is $1M, but everything is negotiable). 8.
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10 May 2017 | 1 reply
She also didn't know there was a way to accomplish what she wanted accomplished that would not have been taxable (trustee-to-trustee transfer).What you don't know about taxes can end up costing you a lot.
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19 May 2017 | 5 replies
According to our MLS, a "manufactured dwelling unit" is defined by this criteria which ours meets none of: 1-steel undercarriage/chassis that is the “skeleton” of the house(not wood frame) (ours will be on a crawl space)2-required by law to have HUD tags on each side and a HUD sticker (not required for ours)3-single “mobile home style” or double-wide (more like a modular style)4-generally (not always) identified on the tax card5-auditor history should show the first transfer was the “dealer/manufacturer”Lots of demand in this area for rentals, all comparables are going into contract at $207 a foot.