Manuel Angeles
SB 567: "Just Cause" Eviction using "Substantially Remodeling the Unit" in LA County
9 October 2024 | 3 replies
California Senate Bill 567 (SB 567) allows for "Just Cause" Eviction if a landlord will "Substantially Remodel" a property: https://oag.ca.gov/system/files/media/Tenant-Protection-Act-...
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
Tax rates are lower than for short-term capital gains tax.Depreciation recapture tax: Filing a noncash depreciation expense can help reduce tax liability.
Samuel M.
Pay Off Loan Sooner?
5 October 2024 | 1 reply
Hi Samuel,When considering how to pay off a loan faster, both methods you've mentioned—making a large principal payment at the end of each year versus bi-weekly payments—can be effective, but they operate differently.Large Principal Payments: Making a large payment once a year can significantly reduce your principal, leading to lower interest costs over the life of the loan.
Dana Yobst
NC LLCs & anonymity
8 October 2024 | 5 replies
It looks like no matter what, my actual name will need to be filed on annual report with the NC LLC (even using a registered agent).
Pranav Parikh
Insurance coverage in disaster zone - asheville/swannanoa/black mountain
8 October 2024 | 6 replies
Reposting from one of our FB forums:Homeowners who need to file insurance claims - read on.
Samuel M.
Pay Off Loan Sooner?
7 October 2024 | 9 replies
Not sure what the difference would be $ wise but reducing your principal biweekly vs at the end of the year would reduce your interest expense more than lump sum.
Timothy Mcleod
Need advice on a cost segregation study
7 October 2024 | 8 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report.
Tanya Maslach
Getting an LLC?
8 October 2024 | 10 replies
You’d need to file the Articles of Organization with the Colorado Secretary of State (the cost is around $50), get an EIN from the IRS (which is free and can be done online), and possibly draft an operating agreement, which isn’t required in Colorado but is still a good idea.
Matt Boerlage
Texas Operating/Management Agreement for single member LLC
7 October 2024 | 7 replies
I would like to do the state filing myself, because its easy and cheap.
Binita Mehta
Company to manage own properties?
8 October 2024 | 6 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.