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15 November 2012 | 27 replies
Originally posted by HUD site:If you believe you have been a victim of predatory lending practices there are Federal agencies that can help.
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21 November 2012 | 9 replies
The Federation of Exchange Accommodators provides a list of members by state (http://www.1031.org/memberLocator/index.asp).
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23 November 2012 | 3 replies
The answer is “Yes”...so long as income tax benefits are not altered or enhanced in the process.4 As we’ve discussed in other chapters, federal lending regulations fully authorize the creation of inter vivos trusts of all types, requiring only that the borrower creating such a trust remain “A” beneficiary (a very important indefinite article, that “a”).
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19 November 2012 | 8 replies
They are a protected class and you would be in violation of federal fair housing laws for ever uttering it unless your property is in an exempt senior community or property in which you also live.
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22 March 2022 | 8 replies
Those that accept Federal funds have the most difficult and time consuming procedures.
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26 November 2012 | 8 replies
—In the case of any foreclosure on a federally-related mortgage loan or on any dwelling or residential real property after the date of enactment of this title, any immediate successor in interest in such property pursuant to the foreclosure shall assume such interest subject to— (1) the provision, by such successor in interest of a notice to vacate to any bona fide tenant at least 90 days before the effective date of such notice; and (2) the rights of any bona fide tenant, as of the date of such notice of foreclosure— (A) under any bona fide lease entered into before the notice of foreclosure to occupy the premises until the end of the remaining term of the lease, except that a successor in interest may terminate a lease effective on the date of sale of the unit to a purchaser who will occupy the unit as a primary residence, subject to the receipt by the tenant of the 90 day notice under paragraph (1);or(B) without a lease or with a lease terminable at will under State law, subject to the receipt by the tenant of the 90 day notice under subsection (1), except that nothing under this section shall affect the requirements for termination of any Federal- or State-subsidized tenancy or of any State or local law that provides longer time periods or other additional protections for tenant.Under 2A, if they signed the lease after the notice of trustee sale is filed, then they are not bona fide tenants.
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29 October 2014 | 19 replies
China real estate market defidently is slowing down, it was going u too fast so 5yrs ago our federal government forced all tier 1-2-3 cities in China with purchase restrictions (maximum 3 residential property allowed to own per HOUSEHOLD), now 5yrs later when it's actually slowing down, they lose the restriction again to tier 1 city only and release the restriction on tier 2-3 cities, which is stupid cos nobody is buying anyway.
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24 November 2012 | 17 replies
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare.
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23 November 2012 | 12 replies
If he had to pay tax, he must have had taxable gains on the sale or income from the rentals.
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24 November 2012 | 1 reply
If a wholesaler who has a REO property under contract has a Federal and State tax lien on there credit report and public records sells to a end cash buyer through a double closing will the lien attach to the property at closing or will it be ok to complete the transaction with the cash buyer who is actually taking possession of the property.Any feedback would be great.