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Trump/CDC Halts evictions nationwide to the end of the year
22 February 2022 | 298 replies
I’d be interested in getting some other peoples thoughts on this.It's important to read what it covers and what it DOESN'T cover: The person has to prove they can’t pay the full amount because of loss of work relating to COVID-19 The person has to make every attempt to pay rent on time The person has to APPLY under Oath, under penalty of perjury It is not automatically granted If the renter has some other place to move to, they can be evicted The renter STILL OWES all rents, they have to be paid at some point This does not include foreclosure on a home mortgage They can still be evicted for violating OTHER TERMS on the lease agreementHere is the Actual Wording: “Covered person”means any tenant, lessee, or resident of a residential property who provides to their landlord, the owner of the residential property, or other person with a legal right to pursue eviction or a possessory action, a declaration under penalty of perjury indicating that:1) The individual has used best efforts to obtain all available government assistance for rent or housing;2) The individual either (i) expects to earn no more than $99,000 in annual income for Calendar Year 2020 (or no more than $198,000 if filing a joint tax return),(ii) was not required to report any income in 2019 to the U.S.
Ja’el Thomas
Midterm Rental - 30 Day Plus Bookings Only
5 October 2023 | 0 replies
Purchase price: $392,975 Cash invested: $93,000 This property was purchased with two other partners under a joint LLC to help a veteran of our country through a divorce who could no longer afford the costs and repairs of his family home.
Ann Gbayee
Using VA Loan for a BRRRR or House Hack
4 October 2023 | 14 replies
If you want to super charge this you can actually get a joint VA loan with another veteran or active duty and you can actually get more that 4 units.
Peggy Liu
Grant Deed and Title question
20 May 2019 | 1 reply
Btw, the grant deed is currently in joint ownership between my parents.
Eric Rizzo
Rehab/Flipper/Investor from Clearwater, FL looking to expand
27 August 2015 | 5 replies
Our goal is to continue growing while building relationships with other investors interested in Joint Ventures, Private Lending and/or growing your Self Directed IRA.
Ryan Car
How to find off market properties
7 August 2019 | 17 replies
Now if you tell me "Hey man, I don;t care how inferior my method is, I WANT to do it my way" OK.
Suhaib Rehman
File amendment to claim passive activity loss in investment property being a Realtor
30 September 2023 | 4 replies
However, being on the title of the investment property and filing jointly can have implications for your tax situation.To qualify as a material participant in a rental real estate activity, you generally need to meet one of the following criteria as outlined by the IRS:a) You participate in the activity for more than 500 hours during the tax year.b) Your participation constitutes substantially all of the participation in the activity during the tax year.c) You participate in the activity for more than 100 hours during the tax year, and no one else participates more than you do.d) The activity is a significant participation activity, and you participate for more than 100 hours during the tax year, and your participation is more than any other individual.Documentation, such as time logs or records of your involvement, may be required to prove your material participation.
Michael Smith
Wholesale a wholesale property
11 August 2016 | 10 replies
If you want to help the other wholesaler set up a Joint Venture Partnership and split the fee 50/50 or add your fee.
Shane Myers
Boyfriend and Girlfriend tenants...ugggghhhh
14 August 2023 | 28 replies
I have more than half our available lenders at all our stores now that won't even evaluate the application unless there is significant established joint credit.
Tim Duke
CA rental property - joint tenants?
5 October 2023 | 0 replies
1) as Joint Tenants2) as community property3) as community property with right of suvivorship4) as tenants in common 5) other