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22 March 2024 | 19 replies
I'll also keep all communication, documents, travel expenses, purchase records.I'm trying to find specific instructions on what qualifies IRS' time requirement.
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21 March 2024 | 3 replies
We met all non-passive requirements and can provide proof to show that our projected annual materially-active involvement is at least 500 for 2023.We met with our CPA and he brought to our attention that we had a loss of -$107k.
21 March 2024 | 2 replies
Some DSCR loans even feature "no specific DSCR required!"
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19 March 2024 | 5 replies
I see with this with a lot of local banks or credit unions.The Banker should have walked you through the basics on County loan limts versus Jumbo & High balance.
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21 March 2024 | 10 replies
I believe there are income requirements and this has to be your primary residence. 3.5% down is the minimum.
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21 March 2024 | 2 replies
when it was built it may not have been required Exposed wiring is not a safety hazard unless its bare wire . and a GFI is easy to replace .S traps were cade at one time , they are not now , but the house only has to be up to what the code was when it was built .Bilco doors , hard to say , but they are about $800 to buy .
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20 March 2024 | 7 replies
And the proceeds from the sale (plus the balance from anywhere else) are used for us, as the QI, to purchase the property.
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19 March 2024 | 19 replies
By law, licensed individuals are required to present all offers to purchase, regardless of who they come from or how unrealistic they might be.
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21 March 2024 | 3 replies
We asked why and were told that "our client has exercised their right to rescind, Georgia law does not require them to provide a specific reason as we are within the statutory time frame."
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21 March 2024 | 12 replies
If you are using an FHA and Conventional loan, lenders require that the new primary residence is bigger or better than your current one.