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20 May 2018 | 5 replies
@Michael Pitsos I'm assuming your home is where you've put in your profile and according to the VA Loan Limits for BARTOW COUNTY, GA for a one unit home (SFR) is $453,100 and $580,150 for a two-unit so depending on how much you bought your primary home for you'll need to subtract that from the max limit and the remainder should still be available to utilize.
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21 May 2018 | 4 replies
As long as you have access to a lender after your 10 conventional loans, the only thing limiting you is your ability to find deals.
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19 May 2018 | 5 replies
I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction.
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19 May 2018 | 5 replies
Jeff Goff the LLC loan will not show up on your credit report so it's up to you if you want to list the property as an asset and debt as a liability on your personal financial statement when you apply for your primary loan.
19 May 2018 | 0 replies
If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?
19 May 2018 | 1 reply
If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?
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11 June 2018 | 5 replies
The free version has a 15minute limit but most of my tasks don’t need much more than this.
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23 May 2018 | 8 replies
An important part of the lease is who can occupy. i would limit overnight guests in lease.
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24 May 2018 | 5 replies
On your homeowner financing loan alternatives is to show them the math on paper that shows them the extra profit and the possible tax liability spread out for several periods instead of showing they will and have to report it all in the next year end tax preparation and the savings that they might get.
24 May 2018 | 19 replies
I’m guessing your mls allows a listing by a non owner, hence your reason for obtaining permission to place it on the mls, so the agent’s contract was with you, not the owner, so the owner had no liabilities to the agent.