John Vietmeyer
Expenses invoiced under $2500
4 March 2018 | 6 replies
Here is the IRS publication regarding residential rental property which also defines when the asset is considered "placed in service" and with examples too.
Ray Gayk
Real Estate Investing in Spokane Washington Area
3 March 2018 | 7 replies
I keep hearing the market will be tipping soonish since the government plans on raising interest rates even higher in an attempt to even out the market.
Michael Wagner
Old Management Company Didn't Cancel Service for Snow Removal
2 March 2018 | 3 replies
(I know it's public record, but this may add more information to your situation.)If you are self-managing now, how did you not know they were clearing the snow?
Shera Gregory
Entity classification for LLC where SD 401k trust is the member
3 March 2018 | 4 replies
You also need to make sure the LLC has not previously been funded with non-retirement funds.
Kenneth A feldman ii
Small Business Loan For veterans
2 March 2018 | 2 replies
@Kenneth A feldman ii a "business loan" is not really available for real estate since there are non-business loans available to buy investment properties.
Account Closed
College Kid Trying to Get in the Game
3 March 2018 | 9 replies
For this reason you may want to stick extra money you have into a publicly traded reit instead of trying to buy real estate right now.The way around this loan dimemma would be to have someone (like a friend or family member) co sign the loan, which means if you don’t pay the debt they’d be liable for it.
Linh Do
FHA Loan Questions: down payment and student application?
5 March 2018 | 5 replies
A "conventional" loan is one governed by Fannie Mae and Freddie Mac (if you recognize those names).
Felipe Munoz
How Do I Use Private Money? *NOT talking about hard money lender*
6 March 2018 | 8 replies
title company will walk you through it since AZ is not an attorney closing state.just negotiate the rate of return.. do check your usury laws and make sure your not violating those.. title company wont do that for you.lender may need to be licensed but commercial non owner may be exempt I know in NV its not neither is Oregon or CA but most states have a carve out if its a one off IE its the only loan she makes and she does not hold herself out as a lender in any means..not really complicated.
Andrew Taylor
Need Creative Deal Structure Advice
3 March 2018 | 1 reply
We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.
Miguel Diaz
SLC Real Estate Book Swap/Trade Club (?)
16 July 2018 | 3 replies
Sometimes these books are available through public libraries, but not always.