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18 April 2024 | 9 replies
The Chattanooga market for STVR has had many recent changes making it harder and more expensive to get permits.
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17 April 2024 | 3 replies
She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.
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18 April 2024 | 14 replies
Typically the larger homes are more expensive and therefore the barrier to entry is higher.
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17 April 2024 | 4 replies
This month is the latest that they have not paid as today is the 25th.
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17 April 2024 | 34 replies
They just only care for the people that have paid for the highest program, their "Apprentice" program.
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18 April 2024 | 8 replies
In my models, I have expenses (less mortgage payments) track the same number so I find the total rate of return to be relatively insensitive to this number.
18 April 2024 | 8 replies
My W2 is higher than 200k and I own 2 rental properties “ one paid off and one with mortgage and I just found out that I can’t claim all real estate loss if it I exceeds 25k and my cpa suggest me to put one of my properties into LLC so I can claim 100% of my real estate loss. but my question is do I have to switch the deed to llc or I can just open an LLC under my name?
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17 April 2024 | 17 replies
Once they got backed up, we went to court, I was awarded possession and was just about to file the forceable eviction and they paid everything and caught up… only to be about 3 weeks late again for the next month.
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17 April 2024 | 13 replies
If I had to guess a 401(k) would be more expensive and onerous than the taxes you would save.
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18 April 2024 | 5 replies
If you decide to go forward you should make sure you camera the sewer pipe to avoid a surprise expensive problem.