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25 August 2018 | 1 reply
3) for depreciation purpose, I need the original "structure" cost which I have in my first assessment from county.4) I understand that if I sell in the future, I need the "fair market value at time of conversion" number.
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25 September 2018 | 1 reply
Lauderdale to assist with converting current den to a one bedroom with bathroom.
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1 September 2018 | 3 replies
Most times it doesnt make the most sense, but with a clear picture of the goal, you can work backwards and structure the right financing...
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25 August 2018 | 0 replies
Hi all-got a question I'm hoping you knowledgable folks may be able to weigh in on. I am interested in purchasing a property to use as a workspace/garage for personal use. Thus, cap rate/cash flow/all the typical metr...
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9 October 2018 | 18 replies
FHA 203K streamline can be very fast (Streamline all work needs to be under 35k and not structural).
30 August 2018 | 3 replies
I am trying to structure a deal with a seller for owner financing.
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20 September 2018 | 10 replies
Then the property title would be transferred into the LLC, thus giving you checkbook control over this and any other assets you will purchase in it.Here are some of the Checkbook IRA benefits:Ability to execute transaction directly without going through custodian or IRA Administrator, simply by writing a checkEliminate transaction fees and asset based fees (you will need to pick the right custodian with proper fee structure, the company you will chose to do this for you will help you make that selection)Eliminate delays and 'red tape' that often comes with having a custodian handle every single transaction, you can act on best investment opportunities immediatelyHope this helps.
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28 August 2018 | 2 replies
Asset type,size, debt structure,etc.?
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1 September 2018 | 1 reply
We currently own a new house that was built before we moved in, and it is in a developing neighborhood, we are going to rent that house out then move into the house we just bought and do a live-in-flip and possibly sell or rent after two years to avoid the capital gains tax on the profits.Our goal is to get as much stuff done to the house as we can before we actually move in because we have two small children and it will be rough trying to live in construction zone with these two crazy babies.So, so far we have taken out the whole kitchen, removed ugly tile in the living room and two bathrooms, and started demoing the laundry closet.
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28 August 2018 | 8 replies
Hello,My realtor has come across an investment opportunity that they would like to partner with me on. (50/50)The property is pre-construction and as of right now we are having to deposit earnest money with delivery being expected about a year out.I was hoping to get some advice from the community as to how I should structure this partnership legally.