Recent changes to Fannie Mae's financing criteria have created a need for investors to reconsider how they take ownership of their new investor property. Those changes are affecting investors who finance the property in their portfolio and have those properties under the entity, limited liabili
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01/29/2009
Let's make 2009 one to remember - We will be releasing MYCEO.com/031 to the nation on 01/15/09 (Thursday Night) @ 7PM CST - 8PM EST - 5PM PST Seating is limited for this exciting Webinar- RSVP ASAP! "Watch live as our CEO showcase 6 random business owners to demonstrate the power of MyCEO" Learn
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01/15/2009
On August 1, 2008, Freddie Mac changed its guidelines. Those changes are affecting investors who finance the property in their portfolio and have those properties under the entity, limited liability corporation (LLC). Freddie Mac backs many of the conforming loans on the secondary market, so a
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01/04/2009
It is often difficult to determine the indication of needing to file a property tax appeal, but there are signs. The following are a few good indications that a property tax appeal is necessary: One indication is when the description of the property does not match. An example of such an error is
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01/03/2009
For the state of Indiana, I would have to say that is a resounding, NO. For the state of Illinois, I found the answer to be YES. I found it interesting that the housing crisis is affecting all fifty states, but until recently only fourteen states have made legislative and program changes to h
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01/01/2009
The IRS made changes to the tax that will affect 2007 tax returns if the investor claims a loss. In addition, just reporting a loss may cause your taxes to be audited. The new law has to do with the real estate investor classification. The investor can be classified as a real estate profession
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01/01/2009