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7 February 2023 | 1 reply
By relying on that assumption, hopefully you will take extra-ordinary steps to make sure that you have the maximum protection to avoid having that money disappear.
7 February 2023 | 6 replies
@Auguste Salom this is nothing out of the ordinary, we can even do a One Time Close Loan so you can buy the land, build the 4plex with only 1 closing and put down ZERO down payment.
15 March 2020 | 2 replies
A little about myself/situation: I am originally from Toronto but I am working in the US (declared myself as a non-resident in Canada) but wife is American citizen.
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28 November 2016 | 13 replies
Somethings out of the ordinary if the HOA is letting the lender sit out paying the HOA while the lender markets the property.
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6 March 2017 | 37 replies
Not unless it's absolutely something way out of the ordinary.
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23 August 2017 | 1 reply
If the buyer defaults and does not buy, then in THAT tax year (of default) it is treated as ordinary income.
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11 January 2023 | 9 replies
Question: how do I report profit from this rental-turned-flip transaction - as ordinary income or capital gains?
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13 January 2023 | 7 replies
The American Apartment Owners Association reported that the #1 reason why landlords fail is due to NOT managing to the lease.
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13 January 2023 | 18 replies
He or she might recommend that a management company be setup to receive the fee income or could possibly advise that you don't really have any ordinary income in your situation.
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12 January 2023 | 9 replies
A deal I'd make $75-100k on that is a routine house flip with nothing out of the ordinary, I would choose the 2nd option in a heartbeat.