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Triad REIA Meeting This Thursday Night |
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| Greensboro Marriott |
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Thursday, 15 April 2010, 7:00pm - 9:00pm
Speaker: Jim Hitt - CEO, Entrust Carolinas, LLC |
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For more than 34 years, Jim Hitt has been committed to all aspects of investing, using self -directed IRAs for his own investments since 1982.
Jim’s forte is the financing and acquisition of real estate, private offerings, mortgage lending, business’s, joint ventures, partnerships and limited liability companies using  creative techniques. He has developed, owned, and managed everything from single family homes to multi-unit commercial properties and million dollar business’s.
Jim resides in Asheville, North Carolina, and is past President of the Carolinas Real Estate Investors Association (CREIA). He teaches investing techniques in North and South Carolina at UNC Asheville, AB Tech and Lorman Educational Services. .
Jim is the Chief Executive Officer of Entrust Carolinas, LLC, an affiliate of The Entrust Group, a 26- year old company with three billion dollars in assets. Allowing their clients to invest in non-traditional assets, such as real estate, partnerships, limited liability companies, private loans and many other investment choices, Entrust Carolinas teaches you how to use your IRA or 401k plan to earn tax free income. You can reach Jim at
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
or (866) 7500-IRA(472)
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Carbon Monoxide Detectors Required in NC Rental Properties |
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Among others set to go into effect at the beginning of 2010, a new law in North Carolina requires landlords to install carbon monoxide detectors in certain rental properties. All rental properties that have an attached garage or use fossil fuels in the heating system or appliances must have a working detector on each level of the building.
Read the NC State Statute
PDF: City of Greensboro Memo |
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We Invite You to Contribute |
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Please feel free to register for an account. Members will be able to submit articles for review that will display in the News Section of this site. Even if it is a short reference to an article or knowledge you'd like to share on a particular topic, we invite you to contribute. You may also contact Lauren Dillon if there is anything you'd like to submit for posting rather than doing it yourself. Look to the calendar for upcoming events and post your available properties in the listing section! |
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Extended homebuyer tax credit rules |
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Information courtesy Craven Shelton Gann, PA as of 11/12/2009
H.R. 3548, the ''Worker, Homeownership, and Business Assistance Act of 2009,'' signed into law on Nov. 6 as P.L. 111-92 , extends and generally liberalizes the Code Sec. 36 first-time homebuyer tax credit, making it a much more flexible tax-saving tool. It also includes some crackdowns designed to prevent abuse of the credit. See ¶ 1 for details. Practitioners can use the following client letter to explain the revised homebuyer credit rules to their clients. It also can be modified and sent to business clients in the residential real estate business.
On November 6, the President signed into law H.R. 3548, the ''Worker, Homeownership, and Business Assistance Act of 2009.'' The new law extends and generally liberalizes the tax credit for first-time homebuyers, making it a much more flexible tax-saving tool. It also includes some crackdowns designed to prevent abuse of the credit. These important changes could it make it easier for you or someone in your family to buy a home. And because the changes generally aid buyers and aim to improve residential real estate markets nationwide, they also could make it easier for you or someone in your family to sell a home. This Client Letter fills you in on the details you need to know about the first-time homebuyer credit.
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Read more...
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Please register for our Triad REIA forum using your first and last name together so we know who you are when you post! This is a great place to post questions, needs, and wants and we encourage everyone to participate and check back often. Create a new account if you don't have one and we'll get you approved for posting as soon as possible!
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