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Results (10000)
Michael Plaks Monday Sept 16: the IRS deadline for Partnerships and S-corps!
15 September 2019 | 0 replies

September 16 deadline (delayed one day since Sept 15 this year is Sunday) applies only to
Partnerships (including some multi-member LLCs) that filed a 6-month extension request on Form 7004 on March 15S-Corporations ...

Sunshine S. REO Purchase. Bank problems with closing
20 August 2010 | 2 replies

Hi all,
My first post, just joined so grateful for any guidance/help.

We put in an offer on an REO property. Purchase as is. Accepted at 55k. Cash purchase. Just found out that the bank actually paid 98k at auction. ...

Aurelia Weems Commercial Buyer doesn't have financing, when to terminate
10 January 2019 | 10 replies

I am trying to get some feedback on a commercial land sale as my realtor is also the buyer's agent on an adjacent property needed for the sale to close.I entered into a contract to sell a piece of commercial land for ...

Ginger Mc Gee Cancel a property under contract.
16 July 2022 | 6 replies

Hi community, my husband and I have a property under contract, we have an extension until July 30th, 2022. We had a hard time finding a license electrician and plumber  in the area to provide us with a quote, to send ...

J Hart New Construction Exceeding 12month build term
12 October 2022 | 2 replies

Currently building a new home and due to a variety of pandemic, supply and weather related delays (we’re in the mountains), it’s exceeding the 12-month build window on my construction-to-permanent loan. Original rate ...

Anna M Hinton LOI terms for 6 unit
23 July 2022 | 5 replies

Submitted an LOI on a 6 unit multifamily with 1% earnest deposit, 45 day study period and closing 45 days after study period. Seller countered by increasing our offer by 10k and the earnest deposit to 5% (30k). Seller...

Adam L. TurboTax: 3-person LLC invested in larger Apt Complex. How to TT?
10 April 2019 | 6 replies

So got a question...this is my first time doing this...I'm trying to fill this out in Turbo Tax and understand what to do.I and 2 friends pooled $100k into a small LLC to invest in a large apartment complex purchase (...

Garrett Culpepper Hard money lenders and COVID restrictions
16 July 2020 | 7 replies

Good afternoon, I was in the middle of two new builds in the Philly market when COVID hit. Construction was closed down for two months due to a city mandate that ate up two months of my twelve-month loan with one of m...

Account Closed HUD Foreclosure - How Bad is This?
28 August 2012 | 13 replies

My wife and I are attempting to purchase our first investment property, which turned out to be a HUD foreclosure. Our offer was accepted and we paid our earnest money with the intention of closing within 45 days, as r...

Terry Royce End Buyer Not performing
8 August 2008 | 5 replies

It looks like there is a good chance my end buyer may not come through with financing for some reason.

In my assignment contract it says" Closing is to occur on or before August 7th."

However, a title guy I spoke w...