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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationI took a deposit to hold a property, now they want it back
Kyle Jenkins's profile image
Kyle Jenkins's profile image
Kyle Jenkins
  • Investor
  • from Groton, Connecticut
  • Member since Apr 8, 2016
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Kyle Jenkins's profile image
Kyle Jenkins's profile image
Kyle Jenkins
  • Investor
  • from Groton, Connecticut
  • Member since Apr 8, 2016
Connect
Kyle Jenkins
  • Investor
  • Groton, CT
6
Votes |
24
Posts
Tax, SDIRAs & Cost Segregation

I took a deposit to hold a property, now they want it back

Kyle Jenkins
  • Investor
  • Groton, CT
Posted Aug 11 2018, 08:35

I took a holding deposit to hold a property for a potential tennant. A few days later they said they no longer want the property and that they wanted the holding deposit back.

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