Bill Humphrey
Risks with the Checkbook IRA (LLC)
2 January 2012 | 7 replies
There are often tax filings that are not prepared and or the owner (the IRA) does not report taxable income that is being passed out of the LLC to the IRA.Lastly, promoters often refer to the Swanson decision and various IRS memorandums as verification of the validity of the structure.
Bryan Hancock
Anti Fraud Provisions For Hybrid Investors/Partners - Securities Law
8 April 2012 | 7 replies
This opens the promoter up to a whole host of issues and thus one's JV agreements should be crafted carefully by someone with legal training in securities law.
Jacquelyn Swint
Database Management
17 October 2013 | 12 replies
Those leads are gold.Gurus have a knack for promoting different management or systematization stuff, but I think its very important to prioritize what you focus your energy and your funds on in the beginning.
Kevin Dickson
Making Craigslist Easier for Landlords and Tenants
3 December 2012 | 10 replies
Good for Zillow, they haven't been promoting their site for rentals, but apartment hunters apparently love the map.Postlets was purchased by Zillow, which probably explains their increased market share.The new popular tool for Craigslist ad writing appears to be Vflyer.com Vflyer will help you write an ad for anything, not just real estate.
Chris Masons
Question on Contract for Deed deal in NJ
17 February 2020 | 9 replies
(if the house burns down, their downpayment is protected in the payout) ...not crazy about this set up..one of the reasons i don't do it anymore...i've heard of people using trusts, but we didn't go that route...
Philip Bourdon
First Mobile Home - Deal - Cancelled!
9 February 2012 | 8 replies
Burn one bridge and you might find yourself surrounded by flaming bridges.
Kevin C.
Considering marketing current home as VRBO - Opinions?
12 January 2012 | 24 replies
All of the great amenities you have in your house may set you apart from your competition, but you will find people are more price conscious these days.Also, too much competition may drive down prices and up vacancy.Third, VRBO is a great site, but you need to spend a lot of time promoting your property properly.
Just Don
stalling bath tile
12 January 2012 | 10 replies
I really did type the letters in in my title,,,they disappeared someplace. wasnt trying to invent new speak.Got burned on this house big time with a worthless contractor who skipped out on me with my money,,,so I am back to diy since about all I can afford.Even after telling people how it is to be done, turn your back and they are back to doing things there way,,fast dirty and substandard leaving me to clean up what they screw up.Afraid if somebody did this they would be using mastic instead of thinset powder,,,not back buttering,,,not using waterproof membrane.My friend who helps me some says I cant use 'Redguard' any more cause he doesnt like the smell.
Rich Weese
Rehabbers
12 January 2012 | 22 replies
Note that JV partners don't have to participate in the profits the same way the promoter does.
Dee Xixi
Best way to take title on this real estate transaction
17 January 2012 | 7 replies
I have a burn out landlord that want to sell a 7 units in my area. lRight before the market crash he put up some serious money into the building for a complete rehab.