On a 1031 exchange when an LLC owns the property and one member of the group wants a return of profit and capital, will that void the 1031 exchange tax rules if the member is paid at closing and the proceeds do not go...
Hello,
Greetings from the states. As we gain more responsibility of taking care of aging family members, we are slowly downsizing our portfolio. The property directly in question is a business park we own with 8 ware...
I am starting to build out a few of my lots. I have a duplex built with a total of 14 bedrooms as well as other compounds that I would like to build near university towns, Koreatown, and south of DTLA. My concern is r...
Has anybody heard of or used a website that offers a list of private money lendersis this a scam
Hello Everyone,Here is a type of creative Financing for those who do not have Social Security. ITIN loan Program is a type of loan program for a segments of the population where it might be difficult to pursue convent...
About to start first rehab. I wanted to know as an owner when I pay a individual to do work is that different than when I pay a company to do work. Should I have contracts for all jobs being performed or is it okay t...
Frequently Asked Questions:Q. Does our condo park and association need to become approved by FHA or HUD before FHA reverse mortgages can be insured? A. Yes. The HUD Mortgagee Letter issued new guidelines for manufactu...
Hello Lenders,I am interested in buying half of a duplex.
It will be sold and recorded in the county as a single unit.
Wondering if the half unit can be cashed out refi, and how the process goes?
TIA,
Marco
I am looking for software that will assist with the syndication process. We have a property in IL that we are looking to raise capital to stabilize and we want to be organized, professional, and efficient. Any help is...
Hello there everyone,
Now lets see I wanted to create an LLC for multiple reason and I needed to be clear on some of those reasons! The following thread is going to be me asking questions pertaining to an LLC and the...