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8 November 2021 | 4 replies
@Josh CorbyLLC's are pass-through entities unless you made an election for them to be taxed as an S-corp.You earn income as the LLC earns income regardless if the profits are distributed or not.Draws normally only effect your basis in the LLC.
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9 November 2021 | 12 replies
I require all to be broom clean and within normal wear and tear.
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8 November 2021 | 0 replies
I know these months are normally busy with family commitments just wanted to get it on my calendar if we were still having a meeting.
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27 November 2021 | 5 replies
That's how it normally works.Keep digging and keep learning.
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17 November 2021 | 17 replies
So expect higher than normal prices for work and the fact that they might not fit you in for 3-6 months.
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11 November 2021 | 2 replies
Normally everyone (buyer's agent, listing agent, buyer, seller) has an opportunity to review and approve the closing statement before the buyer and seller sign it.
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12 November 2021 | 7 replies
Working with wholesalers can be risky, let alone a full on “stabilization company” who isn’t even located in the US and probably can’t be sued like a normal US entity.I hope you can learn from this experience and move forward in your RE journey positively and not give up!
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14 November 2021 | 3 replies
If it is a normal utility pole, the answer is- not usually perceived as an issue.
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12 November 2021 | 3 replies
Personally, I would let the brother know what you plan to do (raise rent to FMV at end of lease), find out if he intends to stay at full market rate, then screen appropriately if he wants to stay (the current lease doesn't get changed, he passes the normal background check, and pays full rent on the new lease he signs after the old one ends--or goes month-to-month).
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13 January 2022 | 6 replies
It allows you to have the low interest rate one would normally only get after refinancing from the very beginning when the loan is interest only until the construction has been completed.