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5 March 2010 | 12 replies
Now assuming all Prior to Doc conditions are satisfied at time of Underwriting, which they almost never go straight to loan docs, there is usually another 24 hour wait for Loan Docs.
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26 April 2022 | 0 replies
Hi - i'm a single investor looking to immediately find 1-3 SFH or 2-6 multi-families in Class B- or better neighborhoods for a 1031 exchange. Looking to spend up to $800k total (debt and equity, can be split between ...
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8 July 2022 | 6 replies
The disadvantage is that nonresident state filings are a PITA and result in higher CPA fees.Some states require nonresident withholding on state tax on a gain which in theory might satisfy all the tax (perhaps even overpay a bit).The technically correct answer is that you might still be required to file, but the practical answer is that it might not be worth the administrative costs.Ultimately the decision probably comes down to a cost benefit analysis to see if the filing burden and cost justifies the reduction in tax you might owe.
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20 August 2022 | 36 replies
Most general contractors are so busy that they don't need an investors business. 3.Many of my clients/friends have been less than satisfied with property managers options when looking out-of-state.
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5 February 2022 | 8 replies
Partnering with an agent would obviously be an easy option as you mention; then he/she satisfies the regulatory stuff and you can get him/her to do some of the heavy lifting and everybody gets paid.
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1 May 2018 | 10 replies
Now, if your LLC owns 10 properties, they can reach those 10 properties to satisfy the judgment.
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5 November 2022 | 10 replies
The OO provision in the loan is 12 months of OO as your personal primary residence.That's the answer to your next question of the time limit before you rent the home...12 months to ensure you've satisfied your OO provision.
15 June 2023 | 3 replies
Do not pay, sign or occupy until you are reasonably satisfied.
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6 October 2016 | 5 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
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29 January 2018 | 20 replies
I offered to fog the place with a bed bug fogger and if that did not satisfy them I'd refund their first and last as well as deposit less any damages if they moved out tomorrow, otherwise they could consider this their 20 days notice to move out before the end of the month and receive their last months rent and deposit back less any damages.