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• 1. T

     selling investment property, held in trust

     hi tm, as a hard money lender, the biggest thing i look for is equity. 30% down is what protects me. not the credit score of a buyer. but there are lots of reasons why people have problems getting a loan, but are not bad credit risks. it is very difficult for me to get a loan, yet i even...

     • TrustUser
     • Post #10
     • Jul 3, 2022
     • Forum: Other Real Estate Law Questions
  2. T

     selling investment property, held in trust

     that is the type of post that i just got angry about. i am not reporting it, at the moment. but please try to limit your answers to something helpful.

     • TrustUser
     • Post #7
     • Jul 3, 2022
     • Forum: Other Real Estate Law Questions
  3. T

     selling investment property, held in trust

     fyi, this opens up opportunities for people who can afford to pay the monthly interest, but cant qualify at a banking institution. so it can be a nice sales tool, for selling the property. most owners wont carry back.

     • TrustUser
     • Post #5
     • Jul 3, 2022
     • Forum: Other Real Estate Law Questions
  4. T

     selling investment property, held in trust

     sorry, i guess i wasnt clear. i am selling the property. if i go this route, i would be carrying back a first mortgage. i wont go lower than a 20% down, but look for 30%. so i would end up with a 70% LTV first mortgage or first trust deed on the property. i would be the bank - LOL. there...

     • TrustUser
     • Post #4
     • Jul 3, 2022
     • Forum: Other Real Estate Law Questions
  5. T

     selling investment property, held in trust

     wasnt sure where to post this, but i thought this was the most appropriate place. if i carry the loan, does that affect how i claim the sale ? i think the main thing i was wondering is if this has anything to do with an installment sale ? i may carry 70-80% of the loan

     • TrustUser
     • Thread
     • Jul 3, 2022
     • Replies: 29
     • Forum: Other Real Estate Law Questions
  6. T

     corporate trustee caused hardship for beneficuary

     i am most certainly leading by example by doing EXACTLY WHAT I HAVE DONE. i tend to help out on trust questions, or other things in which i have actual experience. and stay silent the rest of the time - since there are others here with better knowledge about those topics than i have. so i...

     • TrustUser
     • Post #19
     • Jun 29, 2022
     • Forum: Wills, Trusts and Estate Planning
  7. T

     corporate trustee caused hardship for beneficuary

     my post is possibly helpful in that it hopefully stops accusations, and such - in the future. at least that is my goal - to make this site a better place for people to visit, to get information. there is nothing wrong with telling someone bad news, if you want to look at it in that way. but...

     • TrustUser
     • Post #17
     • Jun 29, 2022
     • Forum: Wills, Trusts and Estate Planning
  8. T

     corporate trustee caused hardship for beneficuary

     this thread is a perfect demonstration of what is wrong with this site. ever since i can recall, there have been members who need to make accusations. before clicking the "post reply" button, read your own comment. and then truly ask yourself whether you would find this comment helpful and...

     • TrustUser
     • Post #14
     • Jun 29, 2022
     • Forum: Wills, Trusts and Estate Planning
  9. T

     Help??

     i am disappointed. i thought you could always give help !!

     • TrustUser
     • Post #4
     • Apr 7, 2022
     • Forum: Wills, Trusts and Estate Planning
  10. T

      Codicil Question

      yes, it was posited as a realistic compromise. the desired beneficiary would get the benefit of the value of the home, without the other person having any benefit from it.

      • TrustUser
      • Post #13
      • Mar 29, 2022
      • Forum: Wills, Trusts and Estate Planning
  11. T

      Codicil Question

      one solution would be to put the property in trust, with instructions for the trustee to sell the property, giving the proceeds to the desired beneficiary

      • TrustUser
      • Post #10
      • Mar 24, 2022
      • Forum: Wills, Trusts and Estate Planning
  12. T

      capital gains in trust

      thanks ldj, that is the conclusion that i have come up with, as well. the trust gives me the leeway to do so. thanks everyone for chipping in !!

      • TrustUser
      • Post #11
      • Dec 20, 2021
      • Forum: Wills, Trusts and Estate Planning
  13. T

      capital gains in trust

      thanks for the link - will check it out

      • TrustUser
      • Post #9
      • Dec 19, 2021
      • Forum: Wills, Trusts and Estate Planning
  14. T

      capital gains in trust

      thanks - at least at this point, i dont need any help in figuring out how much the gain is just whether i can distribute the gains out of the trust and to the beneficiaries i have plenty of power within the trust document to take advantage of any situation to make it better for the...

      • TrustUser
      • Post #7
      • Dec 18, 2021
      • Forum: Wills, Trusts and Estate Planning
  15. T

      capital gains in trust

      i will be selling a house. all depending on what it sells for, but i am anticipating a gain on it

      • TrustUser
      • Post #5
      • Dec 18, 2021
      • Forum: Wills, Trusts and Estate Planning
  16. T

      capital gains in trust

      What is the name of your state?california there seems to be situations in which capital gains from a trust can be distributed to the beneficiaries, and times when it cant trying to determine if i can, with this trust. i do have discretionary powers, to the point that i would be okay in that sense

      • TrustUser
      • Thread
      • Dec 18, 2021
      • Replies: 10
      • Forum: Wills, Trusts and Estate Planning
  17. T

      Mom's will - is it valid?

      thought i would add my 2 cents, and suggest you think about a trust

      • TrustUser
      • Post #12
      • Dec 12, 2021
      • Forum: Wills, Trusts and Estate Planning
  18. T

      capital gains

      thanks adj, i will still end up with a sizeable gain - but i guess that is infinitely better than a sizeable loss

      • TrustUser
      • Post #9
      • Dec 6, 2021
      • Forum: Tax Law
  19. T

      capital gains

      that was the bad news that i didnt want to hear - LOL. the gain will be most of my income

      • TrustUser
      • Post #7
      • Dec 6, 2021
      • Forum: Tax Law
  20. T

      capital gains

      thanks guys, i think i understand the ramifications

      • TrustUser
      • Post #5
      • Dec 6, 2021
      • Forum: Tax Law