1 February 2017 | 1 reply
Ask the seller - mortgagorSearch on IUrealistGo to the court house - do the search yourselfMake an offer subject to disclosure of the existing liensMake an offer subject to existing mortgages on an owner wrap financing
1 February 2017 | 12 replies
But, I look for trends in responses to try and reinforce my thoughts on a subject.
1 February 2017 | 5 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your ow business.
24 April 2019 | 21 replies
Probably bright orange but subject to change.
9 February 2017 | 11 replies
From a tax standpoint, putting rental properties in an LLC does not subject the net rental income to self employment tax.Good liability insurance on the property is a must.
8 February 2017 | 42 replies
If they have no problem with the eviction then they can play it their way, but if not there are steps and they should be outlined in the lease.Just my 2 cents and good luck in whatever you decide!
8 February 2017 | 10 replies
Specifically, @David Terbeek outlined the process quite accurately.
7 February 2017 | 15 replies
I also listened to Podcast 2 and she shares her success with subject to's.
10 February 2017 | 5 replies
Below can be subject to interpretation, but my attorney and local code would agree that if the landlord provides it, he must maintain it.
3 February 2017 | 5 replies
On the financing side, how would that situation be different than if they bought it "subject to" my existing mortgage and/or did a wrap mortgage?