The contents of an IRA that is considered fully distributed may be taxed in their entirety. They are no longer tax-protected by the IRA.
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Freedom of Information Act (FOIA)
A piece of legislation that grants public access to documents or other data in possession of a government agency or public authority. Real estate investors can leverage FOIA to get information on...
Foreclosure Receivership
The receivership process typically begins when a property owner stops making payments on a property. The receiver is responsible for controlling the property and maintaining its value. These can...
Foreclosure
The process by which a lender seizes collateral, in real estate usually a piece of physical property, on a loan as a result of nonpayment.
FOIA Form
You can fill out a FOIA (Freedom of Information Act) form for any agency record. There is no universal FOIA form, but most agencies and public authorities have their own form and their own...
Flipping
The process of purchasing a property, adding value, then selling the property for a profit on a relatively short timeline. Also simply referred to as “fix-and-flip,” flipping may take a few weeks, a...
Fix and flip
The process of purchasing a property, adding value, then selling the property for a profit on a relatively short timeline. Also simply referred to as “flipping,” doing fix-and-flip deals may take a...
FHA Loan
A government-backed mortgage issued by the Federal Housing Administration (FHA). These loans tend to have lower interest rates and less-stringent qualification requirements than other industry...
Fannie Mae
The Federal National Mortgage Association (FNMA) is a government-sponsored enterprise (GSE) established to stimulate the housing market by making mortgages more affordable to borrowers. Fannie Mae...
Fair Market Value – FMV
An estimate of the market value of the property.
