Category Archives for Legal/taxes

There’s No “Due on Sale” Jail

There’s No “Due on Sale Clause” JailHow to Take a Property Subject To An Existing MortgageThe “due-on-sale” clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the due-on-sale and suggest a simple, yet effective strategy to get around it What is […]

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Beware of the “Wholesale” Scam

This article was first written in 2006, but now that the market is coming back, this scam is again rearing its ugly head! Every newbie investor hears that it is imperative to buy real estate “wholesale”, not retail. The problem is, most newbies don’t know what a wholesale deal is, and there are a number of […]

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The Mortgage Elimination Scam

The mortgage elimination scam has been sweeping the country. You’ve seen the emails: “Legally eliminate your mortgage!!” Can this possibly be true? Well, I’ve read the claims and researched the law and here’s what I came up with. The Claim The claim is that you can legally eliminate your mortgage based on an accounting loophole that goes something like this… “If […]

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Where to Incorporate Your Real Estate Business (Video)

Many people wonder where you should incorporate your real estate business.  This is a question I often receive via emails from my readers, wondering whether they form an LLC in their home state or some other jurisdiction such as Nevada, Delaware, Wyoming, or even offshore.  Watch the video below where I explain where and why […]

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LLC vs Land Trust (Video)

When explaining land trusts for holding title to real estate, a question I often get is whether a land trust is better than an LLC for owning real estate. This confusion is common, which is why I created this extraordinary video to explain my reasoning on using a land trust vs. an LLC for holding […]

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Tax Liens; Real Estate Scheme, Get Rich Quick or the Real Deal?

We’ve all seen the nightly advertised promos for those get-rich-quick real estate tutorials that keep us glued to our TV sets. A million dollar business that explains how to purchase tax liens and work part-time earning up to $7,000 per month and keeping us on pins and needles with hopes of emulating the same success. […]

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