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26 May 2019 | 2 replies
.- Liability protection (I.e LLC)- Lowest possible interest rate (i.e. primary residence 30yr mortgage)Any ways I might accomplish these together?
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10 February 2021 | 6 replies
First few loans were with traditional banks but then I wasn't able to qualify anymore due to each of the rentals being viewed as liabilities instead of assets.
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26 May 2019 | 6 replies
Talk to your accountant.Make sure you understand what your tax liability actually is if you don't do an exchange.The way I understand it, all the money has to be spent on the replacement property within the 180 days.
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29 May 2019 | 17 replies
The LLC is a great tool which provides liability protection, and is very accessible for cheap.
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28 May 2019 | 9 replies
Another option would be put them in your personal name and get an umbrella liability policy.
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28 June 2022 | 2 replies
They say this will help me get approved for unsecured biz loans and help separate my personal from business liability.
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26 May 2019 | 4 replies
Making mistakes on someone else's property can destroy your family relationship and could open you up to some serious liability.
27 May 2019 | 6 replies
I naturally want to limit my liability.
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31 May 2019 | 19 replies
There may not be any personal liability for the original note, but a foreclosure lawsuit against the heirs would, in my opinion, show up on credit.If the heirs did not want the property, they could have disclaimed any interest in the asset in the probate process.
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26 May 2019 | 1 reply
Just do a transfer and do not take any liability under your personal ownership.