I am currently working off the books and assume I will be for the next few years. I want to get started and have enough money saved to do so, but will any bank give me a loan with no reported income?
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I have a free and clear home (owned 5+years) I've agreed to trade straight up for another free and clear home. The other party is an owner occupant and would be owner occupant in my house after closing. The values ar...
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Need some good advice here. I have a Single Family home for rent in my LLC which is paid in full. I want to refi but I need to quick claim it to my personal name. I can then refi it as an investment at 4.65%, my quest...
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So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...
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So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
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Hi guys,
I am new to foreclosure purchase. Recently, I've decided to invest in foreclosure properties. Are the deals that are foreclosed under HOA legitimate? These are actually in foreclosure auction, but it...
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Hello everyone,The homeowners really want out of the house but the liens exceeded their estimates and shot past my MAO. Liens:17k for automobile (co signed for stepson, haven't seem him or the vehicle in years) 20k in...
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Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
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Hello! I live in CA and I'm a passive investor in two rental properties. For each, I'm named on title as a tenancy-in-common partner. My partner is also named on title, and his property management company does ALL rep...
hey folks. Hoping you can help me work through something. My mother and i would like to build a duplex. We would like to do this as a legitimate business, ie: a partnership. The current thinking is that she woul...