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6 February 2014 | 7 replies
They will have to show a hardship such as loss of job or income, unexpected medical expenses, etc. to qualify usually.
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6 February 2014 | 16 replies
Cut your losses, get them out!
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13 February 2014 | 6 replies
Doing one deal without a license can fly under the right of one to transact their own interest in a situation, doing it as a business with ongoing transactions is very different/Another issue here is that any listing of RE in any book or magazine or publication of properties not owned requires a broker's license, to advertise RE for others, including FSBOs.Saying you're not listing for the public may not have much weight to it if anyone can join.
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4 February 2014 | 14 replies
The most common options would be renting or doing a lease option/purchase -- but with a hard money loan, you'd be hard-pressed to see positive cash flow and you'd be forced to pay off the loan when it comes due.If you absolutely can't find a way to pay off that hard money loan, my suggestion would be not to borrow the money unless you were practically 100% certain you could either sell the place for a profit or you could bring the money to the table when selling for a loss.
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5 June 2014 | 37 replies
So, my only risk here is loss of principal purchasing power due to inflation.Correct?
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3 February 2014 | 5 replies
The reason I ask this is that I opened a dental office(S corp) in 2013 and it will show losses, but I would like to maximize the amount that I can get for a new home so would an extension on my taxes allow that for me?
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14 February 2018 | 46 replies
There is a nascent crowdfunding industry group and my hope is that they will address this issue or risk a huge loss of confidence in the business.
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4 February 2014 | 6 replies
I like to do my own inspections, so even if the wholesaler did provide one, it wouldn't really hold any weight unless I have done some deals with the wholesaler in the past.
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10 April 2014 | 23 replies
The excess depreciation that you did not use to offset income also adds to your tax loss.
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9 February 2014 | 11 replies
We will likely take a loss of a few weeks or even a month of rent, but will get more candidates.