posted 11/22/2011 10:11:17 by selfstorage In the past, due diligence has largely been a responsibility of the buyer. After having heard some horror stories about sales that did not close and transactions that did close, it came to mind that the SELLERS might benefit from due ...
posted 07/29/2005 11:07:01 by dabest The following is a reproduction of the IRS's rules and requirements for 1031 tax deferred exchanges with regards to real property. If you have any questions regarding the sale of your real property or questions about what qualifies for a 1031 exchange or not, please consult your tax ...
posted 05/07/2006 02:05:00 by InActive_Account Over the last few years there has been much debate about whether or not a transfer into a trust violates a lender’s due on sale clause. However as most of us already know, according to The Garn St. Germain Depository Institutions Act of 1982, (U.S.C.) 1701j-3(d)(8),
“With respect to a REAL ...
posted 08/19/2004 07:08:00 by FoggyBottom My accountant says it is best to break out the real property from the personal property when purchasing rental units. He says that such things as furniture, appliances, lawn equipment, curtains, etc. should be listed separately for tax reasons.
I was hoping someone would comment on how they handle ...
posted 03/22/2005 08:03:12 by BillGatten Some of us are born with the gifts that seem to automatically make superstars of us without a lot of effort (natural athletes, natural actors, natural musicians, artists, writers, the unnaturally lucky, etc); but alas, most of us are not superstars by virtue of our birthright. In fact, most of us ...
posted 12/31/2003 08:12:00 by JohnMerchant These days, it's pretty common that a REI might find himself negotiating some property agreement-buy, sell, or lease-by email.
I certainly have done so, and actually find myself doing so daily and routinely.
As the experienced REI knows, just because there is a "first" set of docs signed on a ...
posted 09/10/2004 03:09:00 by oneunlucky In Texas it is illegal to ever have a deficiency judgement filed against you if you follow the letter of the law.
Example:
Jim has a house with a market value of 100,000.
he owes 85,000.00 House is sold a foreclosure sale for 70,000. Per Texas law the bank cannot sue for a deficency as the house ...
posted 12/03/2003 11:12:00 by gusgus Hi, I work with real state investment in Brazil. I know the local market here very well, but I don´t know anything about the U.S. real state market, so my questions are:
Usually, how much (in %) a renter have to pay for, let´s say, for a 100K-200K place? (commercial or residential). The second ...
posted 02/16/2009 06:02:21 by Primo_Coach I graduated from college with a degree in marketing. Anyone who has gone to college and has become an entrepreneur knows that college doesn't teach you squat. College only teaches you how to work for someone else. I bet that the majority of my marketing professors had never run a business ...