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In August I posted information on how the recent passage of the Secure and Fair Enforcement for Mortgage Lending Act (SAFE Act) can make it difficult for sellers to offer seller financing, including land contracts, to buyers of residential properties, including vacant lots upon which a 1-4 family residence is ...
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Due to the passage of the Secure and Fair Enforcement for Mortgage Lending Act (SAFE Act), it has become a whole lot more complicated for sellers to offer, and buyers to obtain, seller financing for residential properties, including vacant lots upon which a 1-4 family residence is intended to be built. This applies to land contracts, as ...
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Day 2 of the GRI Course 3 in Green Bay, WI. A lot of good stuff to digest.
First we discussed the benefits of using one’s retirement account to invest in real estate. If you sell your investment property, unless you do a delayed exchange (one type of a 1031 exchange), your gain on the sale is taxable. If your retirement account owns the ...
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Day One at GRI Course 3 (see my previous post) has proven to be most interesting. The subject today and tomorrow is “Investment Real Estate and Exchanging”, and our instructor assures us that if we master what he is illustrating for us, we will be able to do something 99% of other real estate agents can’t -- properly and ...
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