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14 September 2018 | 18 replies
The compressor is the component that their negligence in over-looking a very clearly defined agreement in the lease was cause to fail.
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15 June 2018 | 6 replies
In the absence of title insurance--which is not available for a quitclaim deed--the person receiving the quitclaim deed has no legal recourse because the deed itself states that only the interest of the grantor, if any interest exists, is conveyed.Whether title insurance terminates by transferring real property to a revocable trust depends on the type of policy, and how “insured” is defined in the policy.
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8 May 2018 | 2 replies
If not clearly defined or stated they will probably be able to get away with it.
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9 May 2018 | 19 replies
I think this needs better defined before you consider implications of transferring title (or taking title) in a Limited Liability Company...in true fashion, you're getting superficial replies from BP members based on what parts of your question they want to address.What does an amortization schedule have to do with the equation?
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9 May 2018 | 19 replies
Prior to calling a broker, have your criteria fully defined so that you can intelligently tell brokers what you're looking for.
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7 May 2018 | 1 reply
Provide access to the MLS via a data feed or consumer portal.Help you define target/farm areas based on data analysis.Help you find properties of interest.Help you analyze and secure financing options.Help you determine offer and sale prices, rehab costs, closing costs, after repair values, and rental rates.Help you prepare and submit offers on properties.
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9 December 2017 | 20 replies
I only sublet for over 30 days, so the short-term rental regulations don't apply (all laws I've seen so far define short-term rentals as 28-30 days or less).
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7 December 2017 | 38 replies
The exception to this is when the sellers agent has defined a review, such as "we will review offers on Tuesday at noon", even then we expire our offer 24 hours after review.
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4 December 2017 | 2 replies
I don't think so.While everyone's situation is different so it can be difficult to generalize, most scenarios I ran resulted in people saving some money in taxes.However, being categorized as a real estate professional (as defined by the IRS, not necessarily as the term is used colloquially) may become less advantageous than a passive investor, but should still be better than under the tax rules in 2017.There are a few reasons I am saying that.
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14 December 2017 | 8 replies
You have a business plan (or should) that defines your parameters under which you will purchase.