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8 July 2020 | 4 replies
I hear two answers here both equally important. 1. the title company makes sure the transaction is secure by requesting documents from all parties (some of this is my experience)2. beforehand wholesaler/you builds trust and a relationship with all parties
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11 July 2020 | 73 replies
The rest you then split 50:50 assuming you both contributed equally to the flip.
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20 July 2020 | 27 replies
I find myself on a rollercoaster of emotions, constantly oscillating between terrified and equally excited.
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6 July 2020 | 8 replies
The interest or percentage that each party acquires must have a value that is equal to or greater than the property value they sold as part of the 1031 Exchange (trading equal or up in value) if they want to defer all of their taxes.
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7 July 2020 | 2 replies
I was under the belief that all personal loans qualify for this.
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7 July 2020 | 13 replies
The property taxes combined on my 5 rent houses I have out of state, almost equal what I pay on my residential house here in the Austin area.
7 July 2020 | 5 replies
All fixtures on theproperty are included in the sale and remain with the property.Contingencies:1- SELLER is able to convey marketable title in the form of a WarrantyDeed at closing.2- SELLER does not cause or permit any waste or destruction to theproperty in between the date and time the agreement is signed by bothparties (BUYER and SELLER) and the date and time of closing.3- There are no unpaid loans, liens, fines, penalties, fees, dues,delinquent taxes or judgments against or secured by the property orpending against the property as of Closing date.4- If property is damaged or destroyed prior to Closing, BUYER has theoption to either renegotiate terms or cancel this agreement andreceive full refund of earnest money.5- The purchase shall be funded as follows:(details here)6- Closing to be on or before ______________at ______________________ Title Company.7– Real Estate property taxes owed on the property for 2020 willprorated between BUYER and SELLER.8– Normal closing costs will be split equally between BUYER andSELLER.9– All tenant(s) in residence at the property will be current onrent or have vacated the premises prior to closing.10– Existing tenant(s) complete & return estoppel letters showingall rental agreement terms presently in effect prior to closing.
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21 April 2022 | 5 replies
I'm a huge proponent of asset allocation and diversification, and I was just wondering if anyone has ever read about Harry Browne's Permanent Portfolio which splits investments equally between stocks, cash, long-term treasuries, and gold.
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9 July 2020 | 43 replies
If all else is equal and there are no renovations needs, which option would you pick?