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29 January 2025 | 21 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
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26 January 2025 | 28 replies
I will post it on this thread.
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24 January 2025 | 8 replies
Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.
28 January 2025 | 7 replies
Originally posted by @Brendan F.
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22 January 2025 | 14 replies
I think one important note that I omitted from my original post was some background info.
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13 February 2025 | 17 replies
I have cat and a dog back then and it was listed on my post I asked her to either close the window or contribute a little bit with the light bill and she ignored my messages even though I asked her like three times so I gave her a three day notice.
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22 January 2025 | 22 replies
For Enclave, it seems that if we manage and post on Airbnb, our guests cannot use the water park/amenities.
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23 January 2025 | 39 replies
Originally posted by @Juan Pablo:Hey, thank you all for commenting.
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27 January 2025 | 11 replies
Thanks for posting of course but feel free to reach out with anything else.
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27 January 2025 | 2 replies
Until then, I'll be trying to absorb everything I can to fine tune my approach and prepare for managing REI business post-acquisition.