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26 March 2019 | 13 replies
That's one of the reasons I love larger multifamily (50+ units) vs. 5-10 units.
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19 November 2018 | 2 replies
Why not send the mailers 5 times so they land every day of the week. so you have monday to friday covered.Aren't these "rules" random?
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20 November 2018 | 12 replies
However, it means you have to abide by their rules.
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14 February 2019 | 16 replies
According to the posted link, related party 1031 Exchanges are permitted provided you follow specific rules and guidelines issued by the Internal Revenue Service.
19 November 2018 | 18 replies
you will do fine just know the rules on tax sales before you jump in.and the best place to do that is your local title company that sells title insurance they will tell you what they need to issue it.. thats the bottom line.. if your in an attorney closing state then the attorney who specializes in real estate closings should know this off the top of their head..
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23 November 2018 | 21 replies
They have ageeed about 50% of our current home value based on our bank statement deposits.
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25 November 2018 | 16 replies
Rental calculator seems to suggest this is a good deal according to 1% rule ( not quite 2% but looks pretty good to me already ), the rent estimate was a guess from a near by rental ( there aren't many rentals in Beavercreek somehow ).Above average SD , all three schools are rated 7 ( not sure if this is considered as B, B+ area ).Obviously the numbers would only make sense when the estimate rent can be archived, so my questions for Dayton / Beavercreek BPer - Does Beavercreek have high rental demands ?
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18 November 2018 | 2 replies
Definitely talk to some of us "locals" though about the area the house is in and the returns you *should* be getting. 2% and 3% rule deals are possible in Little Rock, so don't settle for 1% if you're in a neighborhood where you should be getting 2%.
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21 November 2018 | 71 replies
And the probate process pays the final tax bill for the person and the person's estate prior to closing.A probate case is considered open until the final distribution is made.The main problem with buying a house for someone who inherited it and they did not do probate, or they started it--opened it--but did not like the oversight or process, then they just stop following the probate rules (sell stuff, pay bills, then distribute assets/money) and sell the assets as a real person and the money does not make it to the estate, then the sell may be considered fraudulent and reversed by the court overseeing the probate case.
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17 November 2018 | 8 replies
To the best of my knowledge, the fact that you already have the proposed property under contract prior to the sale of the relinquished property does NOT make a difference.Just don't close on the replacement property until AFTER you sell the relinquished property.Here's a link to a great explanation of the identification rules:https://firstexchange.com/content/top-ten-identification-rules-1031-exchangesThe resident 1031 expert on BP is @Dave Foster.