Here are some examples of the more common types of permissible and non-permissible expenses when a 1031 Exchange is involved: Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisitionTax advisor fees related to the disposition or acquisition Non-Permissible Operating Expenses, Financing and Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costs

Now, I want security, independence, and some extra money would be nice.

Is it like a social security number or does it get reset to a new number the next time it's listed?

I am new to the business, however my partners and i have been able to secure a couple investment properties in New Jersey.  

I am putting in an offer on a 5 bedroom mansion-style house and was thinking to finish the basement and add in a weight room.  

I'm in the process of building a joint venture credibility package and going after JV opportunities however need some advice on where to start.We've had a busy 3 months securing 5 properties which has tapped my partner and I on approvals.I'm a big proponent on the old adage that each party must bring something to the table.

I'm in the process of building a joint venture credibility package and going after JV opportunities however need some advice on where to start.We've had a busy 3 months securing 5 properties which has tapped my partner and I on approvals.I'm a big proponent on the old adage that each party must bring something to the table.

Nothing in their back ground that a nice fat security deposit couldn't solve.But the information you gave is only half the picture, I'd want to know about the property itself, to understand if it would be a good long term fit for the older couple.

Title companies insure from the last insured transaction, called a "starter" and utilize reciprocal arrangements with prior insured transactions"In order to satisfy a title underwriter the a secured debt has been paid and eliminated as an exception, besides an affirmative response from the lienholder, including a demand with a zero balance and release and satisfaction or reconveyance, you can alternatively move the risk elsewhere.

(xxx), since you're the funding lady, you get the 34%.Target purchase price is going to be $489,000Closing costs to purchase app equal to $15,000(Will receive security deposits and pro rated rents in exchange).....Total out of pocket is $504,000 potentiallyTotal guess on costs for repairs, evictions, rehab and insurance = $40,000Total out of pocket expenses = $544,000Currently, properties are bringing in about $132,000/yr OR $11,000/mo or .