Terry McPherson
Question on required closing documentation.
16 October 2017 | 4 replies
yes standard practice the operating agreement and state LLC articles of incorporation This shows you have the authority to transfer your property
Justin Westmoreland
Need Help On My First Probate Mobile Home Wholesale
13 February 2018 | 3 replies
It sounds like you're going to need to go through probate to get your co-party to have the authority to sell.
Mark Matos
Note holder won't respond
24 October 2017 | 9 replies
They are not going to do so via voicemail/phone -- and hopefully they won't require borrower's authorization from you, but be prepared to address that requirement.
Bob Sackameno
C corp income questions
21 October 2017 | 5 replies
Those are the only brackets (as of now - Congress can always change their minds).Those capital gains brackets are lost in a C Corp because there is no differentiation between Capital Income and Ordinary Income, so if you profit $100,000 when you sell the property, you'll be paying somewhere between 34 and 39% in ordinary income on that whereas if you held it in a pass thru, you'd pay, at a maximum, 20%.So it depends on your strategy.
Leo Maldonado
Need Help to analyze this Deal! Lease Option Sandwhich
21 October 2017 | 2 replies
This authorizes you to speak to her lender and verify the mortgage details.Once those 2 things are done you will know if the seller is telling you the truth about the loan, and you'll know what form the deal can possibly take.Now comes the hard part.
Vanessa Gutierrez
Probabte Wholesaling Tax Delinquency
26 November 2017 | 3 replies
They went through the whole probate process and now have the authority to deal with the house.
Taylor Witt
Dodd-Frank repeal date?
20 October 2017 | 2 replies
Note: this comment is not about politics:1) The President doesn't repeal laws2) The House passed a replacement bill for Dodd-Frank in June 3) According to the law of the land, the Senate has to pass the same bill (or a reconciled bill agreed upon by the two bodies of Congress) and send it to the President for signature4) The responsible Senate committee chair set a target of 2018 for their version of the bill, which will require 60 votes and the participation of 8 democrats to pass (edit: 60 votes to end debate and move to a roll call on the bill)Repealing the ACA has shown that this is not as easy as certain people make it sound like it will be.
Bill F.
Cash Reserves/ Rainy Day Fund
4 November 2017 | 17 replies
I did appreciate the swimming naked analogy Peter, though the tide hasn't gone out in awhile so we don't know for sure who decided to forgo their swimsuit.Though when you look at the blog posts about reserves, it is mostly the serious investors who have authored them.I agree 100% with Nicole's point that reserves help not only in REI, but life.
Graeme Ford
Calling All Canadian Investors!
28 October 2017 | 15 replies
As you alluded above, Landlords - an all third-parties with the exception of a few agencies - cannot pull an applicant's criminal history without the involvement of the applicant themselves - the individual must submit the request for a criminal background search and authorize the authorities to disclose the results with the landlord.
Jonathan Carter
10/hr vs 1000/hr podcast
23 October 2017 | 3 replies
Was that the 4hr work week author?