20 January 2020 | 9 replies
Therefore, no ordinary income because of additional depreciationbefore 1976 will result from a disposition of residential rental property.Page 29 of 41 Fileid: … tions/P544/2018/A/XML/Cycle04/source 13:46 - 28-Feb-2019The type and rule above prints on all proofs including departmental reproduction proofs.
26 January 2015 | 7 replies
Spoke with a banker and some banks do require proof of residency for 6 months to a year or even more but again all banks will differ.
8 June 2015 | 48 replies
front window broken ( he said he fix's it only to get broken again) then a bank teller set up with bullit proof glass. tenants have to pass their rent through the sliding box..
27 January 2015 | 10 replies
If so, before you go any farther, you need to find out what the lender's requirements are for the source of a down payment.Some lenders will require proof that the down payment is coming from you so this could be a problem.
27 January 2015 | 5 replies
Do you have actual proof of this??
27 January 2015 | 8 replies
If you get the accepted offer your agent has 2 days to get all the documents, your earnest money check and proof of funds for how you actually plan to purchase the home.
28 January 2015 | 2 replies
I have asked for revenue proof from the cabin.
29 January 2015 | 14 replies
(Not worth the trouble for CH7 IMO.)After CH7 completes, the borrower is no longer personally obligated to repay a mortgage loan, but the loan still encumbers the property.CH7 can help us as secured lienholders because the borrower emerges in better financial condition and more able to make mortgage payments.CH13CH13 is a reorganization, so assets are not liquidated as in CH7.The debtor files a plan for repayment, which must address payments for secured debt.The timeframe for the plan is variable but can be up to 5 years.Personal liability for the debt remains intact.Once the plan is confirmed, the debtor makes plan payments to the trustee, who distributes them to creditors on a pro-rata basis.Frequently plans call for mortgage loan arrearage payments to be paid through the trustee while the P&I payment is made directly to the creditor (or servicer).Because the plans are longer term, lien holders must file for lift-of-stay if the debtor does not live up to the plan and they wish to pursue foreclosure.Key ProceduresFor new BK filings, secured lienholders must file a Proof of Claim (POC) with the trustee.
4 February 2015 | 4 replies
I'm trying to get a property under contract, but the agent wants proof of funds..
31 January 2015 | 12 replies
I'm not sure how you can enforce a fee for "failure to clean pet waste" unless you have proof it was their pet.