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26 January 2025 | 14 replies
I don't want to go back on my own word in any way, obviously, and had stated the lease was for a year.Now I plan to use apartments.com going forward for leases and rent collectionThe newest lease with a different tenant is plainly non-renewable and requires a new lease to continue tenancy after a year and outlines fee costs.
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14 January 2025 | 6 replies
- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?
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14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
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13 January 2025 | 6 replies
What you spent on the land/lots can go towards your down payment and, if you've owned the land for more than 6 months, you can use the value of the property toward the cash injection requirement.
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11 January 2025 | 7 replies
This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.
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9 January 2025 | 16 replies
Advanced QuickBooks ProAdvisor was introduced in 2007, to get certified the requirement was: one had to be certified for 3 years in a row and had to attend 2 day in person and online courses.
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8 January 2025 | 34 replies
Toledo's economy has been more reliant on manufacturing, so understanding local economic trends is crucial.Beyond Cleveland and Toledo: You asked about other Ohio cities.
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25 January 2025 | 24 replies
Newer construction code requires better earthquake-proofing, but it's still aimed at preventing a building collapse rather than holding the value of the structure.About 15 years ago there was all the talk about "100 year homes" but I haven't seen much come of that.
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6 January 2025 | 7 replies
These are all important considerations, and understanding the requirements can save a lot of headaches down the road.
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7 January 2025 | 8 replies
Hard money lenders are much more like banks and come with many restrictions, requirements, due diligence, fees, etc.