Brandon Mulrenin, director of brokerage services at In-House Realty, said it may not suit your needs to repair some of the issues found during an appraisal. “My recommendation to folks that have these homes that are just trying to get rid of them is not that they go spend a bunch of money out of …
Some Tips On Buying & Selling A Distressed Property Read More »
By: Mat Sorensen, Attorney & Author of The Self Directed IRA Handbook In the recent case of Thiessen v. Commissioner, 146 T.C. No. 7 (2016), the Tax Court considered how long the IRS has to allege a prohibited transaction against self directed IRAs. In general, the IRS must allege a prohibited transaction against self directed IRAs within three years after …
THE PAPER SOURCE JOURNAL is our flagship monthly print publication. If you are a subscriber you will receive your copy of the September issue in the mail this month. If you are not a subscriber, go here for information on how to get both the JOURNAL and the REGISTRY OF INVESTORS: https://papersourceonline.com/paper-source-journal/infosubscribe/ or click on the …
By Lisa Lambert WASHINGTON (Reuters) – A House of Representatives panel on Tuesday approved a proposal to revamp the Dodd-Frank Wall Street reform law, after a hearing where lawmakers verbally tussled over rules enacted in the aftermath of the 2007-09 financial crisis. The Financial Services Committee voted to send the bill, introduced this summer by …
Rollback Of Dodd-Frank Goes To House Vote; All Democrats On The Committee Oppose Change Read More »
By Jill Cowan, The Dallas Morning News Sure, critics have been raving about the modern outlaw flick “Hell or High Water” for its quietly funny, deftly wrought action sequences and long shots of the desolate West Texas landscape. Yes, director David Mackenzie’s cops-and-robbers tale explores big themes like family loyalty, mortality and the pursuit of justice in a world of …
How A Predatory Loan Makes Banks The Bad Guys In New Movie Read More »
This article points out that LLCs are not for everyone. Learning about how LLCs operate and becoming aware of the key advantages and disadvantages of a limited liability company is an important step in your path to establishing a successful business. By properly planning and structuring your company from a legal standpoint early on, you …
Should You Have A Limited Liability Company (LLC)? Read More »
If you originate or purchase a mortgage, you may have to follow certain requirements under Dodd-Frank. “The term ‘qualified mortgage’ was first used within the text of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which became federal law on July 21, 2010. The Dodd-Frank Act provided a general definition (essentially an outline) of …
How To Determine If A Mortgage Falls Under Dodd-Frank Read More »
by SETH WILLIAMS As a land investor, my real estate investing activity was a bit different from most real estate investors, and I remembered hearing from a number of other land investors at the time that Dodd-Frank simply didn’t apply to vacant land transactions. After reading up on it myself, I found much of the same thing. …
The ten states shown to have the most foreclosures for the second quarter of 2016 consisted of Massachusetts, Ohio, Connecticut, South Carolina, Illinois, Florida, Nevada, Maryland, New Jersey, and Delaware. Here is a break-down of what the foreclosure rates look like in these states for Q2 according to a report from Credit.com: http://www.dsnews.com/daily-dose/08-11-2016/top-10-states-foreclosures-q2
Sept. 1, 2016 — 90 days past due mortgages dropped 21.3% in the past 12 months. Foreclosure inventory at the end of June is at its lowest point since August 2007. Affordable housing availability is behind demand. This and more leads to sustained rental demand for SFRs, rising rents and increased equity for investors in …
Good News For Single Family Home & Note Investors Read More »
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