5 December 2013 | 23 replies
(still might be okay,, but I don't know), trustee is LLC, who's managing member is not a real/physical person, the sole managing member is a "fictitious name" yes fake person..the fictitious name is made to appear, like a normal (although a bit foreign sounding) nameThe successor to the "fake" trustee is no other than the realtors/agent's husband (had to do some cyber digging to find this)and finally an assignment of beneficial interest in the land trust is to be signed by sellers to trustee LLC, whos managing member is this "fake trustee", which fictitious name is registered to the husband of the agentIn my perspective, the listing agent/broker never presented the better offer (i have proof there was a cash better offer),and consequently will end up owning this property......Thoughts ...comments...educate me please...
19 March 2024 | 12 replies
You can always 1031 exchange to kick the can down the road.Also, bonus depreciation is a tax strategy.
4 March 2024 | 34 replies
I believe it was made clear initially this was exempt, open to accredited investors only, etc:If you have searched the SEC Edgar database for an apartment LLC syndication and the syndicator, and you cannot find them listed, it could mean several things:Exemption from SEC Registration: Many real estate syndications, particularly those involving apartments, may be exempt from registration with the Securities and Exchange Commission (SEC) under Regulation D of the Securities Act of 1933.
20 September 2011 | 13 replies
I've mostly seen people work with flips to get some cash together and get into their rental business.Seller financing can be a godsend in many cases, even if you end up paying a little more, it keeps you from relying on a bank, which is dangerous unless you have a good relationship with a local bank, especially in today's financing climate.As much as I hate flipping single-family houses and duplexes, a few flips can give you enough money to exchange into a property that you want to hold.
2 January 2012 | 34 replies
[Note: There was a law that was to treat rental activities as a "trade or business" for Form 1099 purposes only, but it was repealed by by the signing of HR 4 (Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011) on April 14, 2011.]
1 February 2021 | 6 replies
wether it be gold/silver other precious metals and stones, foreign currencies, stocks, investing in a small company, running your own business, how are you guys making your money outside of the 9-5 and real estate investing?
9 September 2012 | 1 reply
Others will say it is better to rent now and build up your cash reserves by investing and exchanging up until you have enough extra cash flow to buy the home, car, boat, or vacation home you want to own.
2 January 2013 | 1 reply
I call that concept "Trading Up" where you implement the monopoly strategy of exchanging houses for hotels, or in your case - condos for houses.
28 November 2006 | 9 replies
Would you like to do a link exchange?