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18 November 2019 | 50 replies
We both signed a joint agreement with our partnership terms.
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22 June 2016 | 3 replies
Is there anyone out there that would like to enter into a joint venture flipping houses.
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10 November 2017 | 3 replies
If you work with a partner on a flip but only you are listed on the purchase and sales agreement - you will personally be issued a 1099-S.This information is also reported to the IRS where they will want to see this sale reported on your return.If you operate as a partnership or joint venture and have the purchase and sales agreement in the name of the partnership/sales agreement; the partnership will be issued the 1099-S.The partnership will report the gain and issue the partners a "K-1" where that information is reported on you and your partner's individual tax return.Let me know if you have any additional question
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15 November 2017 | 14 replies
The borrower may only own one FHA financed property unless they meet one of the allowed exceptions...i.e. relocation, increase in family size, vacating jointly owned property, non-occupying co-borrower.
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23 December 2017 | 10 replies
In terms of the plastic lasting, I've replaced so many of them with those high class crimp fittings only to just pull apart in a few years, give me a sweated joint k copper water main all day, more expensive but it should last.
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10 March 2019 | 16 replies
Worst case you have to re pipe the joint.
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29 May 2022 | 8 replies
The short distance stops/starts can cause a lot of joint issues, esp with the old folks that play it....
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1 October 2023 | 7 replies
All Agreements also include the standard "joint and several" clause, which in this scenario virtually ensures full and timely payments.
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3 January 2018 | 4 replies
Perhaps it was held in joint tenancy or in an IRA or some other form which allows the asset to pass outside the decedent's estate.
18 January 2018 | 7 replies
(Although, “shelter” in Colorado should be a joint debt between spouses anyway.)You did not say whether the wife, who intends to stay behind, has good credit and sufficient income (would qualify) to rent your place by herself.