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2 March 2020 | 13 replies
The PM company can also get the inside track on when an owner wants to sell and buy it themselves having already known the details of the property managing it.I have a friend that his company manages about 10 million sq ft of retail and it doesn't hardly make any money the management but keeps staff working in up and down cycles and he gets the inside track when the owner wants to sell so he can look to add to his portfolio.The bigger property and revenue the overall the percentage fee tends to go down.
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14 March 2020 | 10 replies
Permitting fees are a percentage of the work performed(more information about this below in my reply to Dan)@Dan Heuschele1.
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14 October 2020 | 4 replies
But if your goal is to just "have a degree" because a certain percentage of applications require a bachelors degree, then do some serious thinking as to whether or not 4+ years and thousands of dollars is going to pay off for you.
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9 March 2020 | 122 replies
If those are coupled with cash flow then great because the expenses were paid and the returns are higher than those percentages.
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19 February 2020 | 3 replies
In the case of after-tax contributions, they must be allowed by the plan document and are subject to the actual contribution percentage (ACP) test and the IRC 415 limits.
21 February 2020 | 3 replies
Note you can offset some of this rental income by allocating costs incurred for the property to the percentage of the property you are renting.
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19 February 2020 | 8 replies
Correct or multiple people depending on how the membership percentages of the LLC are made up.
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20 February 2020 | 16 replies
In Michael's example the credits are directly deducted from the down payment, as opposed to being deducted from the total due and then reducing the down payment (which would be a percentage of the total due, and a much smaller reduction in the down payment then if it were deducted directly from the DP).Here is the example from Michael's post: "1.
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26 February 2020 | 10 replies
How much money/percentage% should I have saved up before starting this journey?
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20 February 2020 | 2 replies
Here are some code excerpts:31-17-1 (M) "Primary mortgage loan" means any loan primarily for personal, family or household use that is secured by a mortgage, deed of trust or other equivalent consensual security interest on a dwelling as defined in Section 103(w) of the Truth in Lending Act or residential real estate upon which is constructed or intended to be constructed a dwelling;31-17-8(M)(4)(4) Require the borrower to pay, in addition to any periodic interest, combined fees, compensation or points of any kind to the lender and broker to arrange, originate, evaluate, maintain or service a loan secured by any encumbrance on residential property that exceed, in the aggregate, six percent of the loan amount financed, including any yield spread premium paid by the lender to the broker: Provided, That reasonable closing costs, as defined in section one hundred two, article one, chapter forty-six-a of this code, payable to unrelated third parties may not be included within this limitation: Provided, however, That no yield spread premium is permitted for any loan for which the annual percentage rate exceeds eighteen percent per year on the unpaid balance of the amount financed: Provided further, That if no yield spread premium is charged, the aggregate of fees, compensation or points can be no greater than five percent of the loan amount financed.