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7 March 2018 | 3 replies
Robert, the owner of the company does not appear to be "disqualified" according to the IRS defenition (https://www.irs.gov/publications/p560#en_US_2016_p...) however because he is related to you the transaction may create conflict of interest, which is prohibited.
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8 March 2018 | 10 replies
I would create an LLC to own the property and open up a business checking for that LLC.
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12 March 2018 | 18 replies
don't know any bank that would do a loan on a 1500 dollar transaction so to me that's obvious there is no loan@David Krulac love your war stories.. being in one of the original states title is a for real deal.out our way were many times a subdivision was just created way back in 1998... we just don't deal with it as much.. in my timber days when I was buying boonie property these old deeds etc would come into play.and right now I have a landlock situation going that Chicago title is defending..
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8 March 2018 | 3 replies
I own more than 10% of the units so this creates the issue.
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8 March 2018 | 2 replies
I used to create Google calendar events for action items or a spreadsheet to track research, but I started getting buried by the sheer amount of the information.We use a task tracking software called JIRA at work so I decided to give it a try to track all the REI knowledge I was gaining.
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8 March 2018 | 2 replies
As giving them too many thing might create more work and more conditions to clear.
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8 March 2018 | 2 replies
creating a structure of payment owned to us.
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8 March 2018 | 3 replies
Looking for suggestions on the pros and cons of handwriting vs. typing and also whether or not we should put our actual cell phones numbers on the letters or use an out of state number created through google voice (no more local numbers left).
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8 March 2018 | 1 reply
Adrian Smude I know some people use simplifileI use Orion /metasource and have them create and record all my assignments
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22 July 2019 | 13 replies
Opportunity Zones can be used to minimize tax payments or even reduce to zero.Opportunity Zones were created under the TCJA to; Allow U.S. investors to defer all 2018 capital gains for eight years if the profits are reinvested and held in an Opportunity ZoneLower the amount of capital gains taxes resulting from the sale of a capital asset by 10% or 15% if the proceeds therefrom are held for five or seven years, respectively, in an Opportunity Zone project.Provide for a full exemption from capital gains taxes on all future capital gains on the invested funds if an investment is held for ten years following investment.