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11 September 2024 | 4 replies
If detached, the ADU must typically be placed in the backyard and occupy at most 30% of the backyard's footprint.Having separately metered electric service is advantageous for managing costs and billing tenants.Adding an ADU can potentially increase your property value.
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11 September 2024 | 4 replies
Another could be if you have a pinhole leak in the supply line...I'd be less inclined to assume supply just because it would probably be so wet that you'd have interior damage and a much higher water bill.
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10 September 2024 | 0 replies
For clients you bill regularly, you can schedule invoices to send automatically, so you don’t have to do it manually every time.
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11 September 2024 | 9 replies
Insufficient reserves result in vendor bills piling up, value-add strategies running behind schedule, and returns being reduced, so it's important to have a clear picture about how well capitalized or undercapitalized a deal is so that you can truly assess the risk.
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9 September 2024 | 12 replies
If you are renting out one or both sides, you can bill back for water usage, even without a second meter.
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11 September 2024 | 10 replies
Thanks for the feedback and guidance @Dave Foster and @Bill B..
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6 September 2024 | 13 replies
Yea-Nay Vote. 48 - 44 record of how Senators voted here -> This tax bill required For Majority: 3/5 and didn't get it. ...
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10 September 2024 | 10 replies
Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis(
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9 September 2024 | 7 replies
So if this new home goes up in value you are creating a tax bill you wouldn’t have if it was a primary home first instead of a rental.
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9 September 2024 | 7 replies
Additionally, I am in the process of closing on a commercial property, which requires a $300K down payment by October 15.If I settle the tax bill, I won’t have sufficient funds for the property down payment.