Resolve Tax Liability Problems with a Private Money Bridge Loan

Uncle Sam hitting you or your clients hard this year with no mercy? When requests for payment plans are denied by the IRS, many CPAs can be left scrambling to find fast money options for their clients. If the IRS comes knocking, and you own real estate with equity, a fast money solution could be a bridge loan from a non-bank lender. Hard money loans, also called bridge loans, are short-term loans for durations of 1-3 years. Hard money loans are called such because they are loans against hard assets like real estate assets. These non-bank loans, which serve to provide cash out against real estate owned, can be a viable solution for your tax woes this year. An exit strategy for a bridge loan could be a bank refinance, the sale of real estate owned, or a private equity buyout of the debt. Tax burdens can be arduous and can suck a lot of time and resources away from your ability to produce. A hard money bridge loan may be a fast resolution to your tax liabilities this year. http://privatemoneyutah.com/4-simple-steps-close-bridge-loan-fast-2014/

Posted by Corey Curwick Dutton