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2 April 2020 | 22 replies
I find it interesting to see how simple or complex other investors have organized their assets, and whether it’s similar to the path I’m on.I respect your points, and I’m not intending to suggest that all high-level professional advice conflicts entirely, rather just making the point that no two pieces of advice are identical in the tax and legal landscape, because it is obviously quite complex.
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8 February 2021 | 88 replies
August 2019; agreed to purchase an identical duplex a block away from last one.
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5 April 2020 | 61 replies
I have several identical buildings, rented at different times.
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6 April 2022 | 13 replies
Sell tax free, buy an identical property, increase the tax basis, generate the same cash flow.
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4 April 2020 | 10 replies
The identical bedrooms are barely 100 sq feet, maybe even a few less than that.
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16 February 2020 | 4 replies
The Cook County Human Rights Ordinance: This ordinance prohibits people in Cook County (including employers, landlords, property managers, real estate agents, store and restaurant owners, bankers, lenders and Cook County government officials and employees) from unlawfully discriminating against or harassing other people on the basis of that person's race, color, sex, age, religion, disability, national origin, ancestry, sexual orientation, marital status, parental status, military discharge status, source of income (including use of a housing choice voucher), housing status, or gender identity.
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14 February 2020 | 3 replies
Depending on how your taxes are set up, a CPA could recommend forming an LLC or an S-Corp (from a legal standpoint, they offer identical protection, but could offer differing benefits from a tax standpoint).
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25 February 2020 | 31 replies
Usually cold applications coming from Zillow have the credit/background check (they can use those anywhere for 30 days), while I only send an invite to apply thru TenantCloud or Cozy (which apparently is difficult to complete, as I have two of four applicants right now stuck on verifying their identity in order to send the credit checks) to those I've pre-screened.
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24 February 2020 | 7 replies
Me and grandfather just built an identical house out of town (32x48) w connected insulated garage for 62k including septic and well which was about 12k on its own.
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29 February 2020 | 4 replies
I’ve heard about self managing owners creating alias cards or introducing themselves as the “property manager” using a pseudo name for identity protection.