Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...

Now the senior lenders start filing foreclose against the original sellers.. the Original sellers start filing complaints with the AG.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Not sure if you can file a complaint and ask for this to be re-assessed.   

If they did not provide a forwarding address we send it to the unit address, hoping they filed a change of address form.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I also ask if they've ever been evicted, refused to pay rent, or filed for bankruptcy.Further, I ask account numbers for their checking and savings accounts, and the approximate balances in each.

I am sorry you feel that way, but there is nothing we can do at this point on this file."

In 12/12/2024 Versity is being sued in a 56 million dollar lawsuit against them.Here is a summary:https://casetext.com/case/khca-funding-llc-v-versity-invest-...Blake Wettengel, associated with Versity Invest, LLC, has been implicated in a lawsuit filed by KHCA Funding LLC and Knights Hill Ireland II DAC.