Drew Sygit
Tenant Prospects Being Scammed Before they Apply!
26 June 2024 | 5 replies
Our government pours so much money into new laws aimed at landlords, but they don't do anything to go after the real thieves.
Brenda Garcia
Nuisance Tenant in Duplex
27 June 2024 | 9 replies
There's a chance they'll find that invasive, but just like the government - we are doing it for their safety and well-being.
Mike Liu
Seeking Advice on Strategies for Growing Portfolio from here
26 June 2024 | 10 replies
I have found that they markets are completely over saturated and state and local governments are continuing to implement laws making it more difficult.
Dana Kennedy
Housing Choice Voucher (section 8 housing)
25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
Matt Kitchen
Dog breeds and Liability
25 June 2024 | 15 replies
check with your insurance agent.. also federal law dictates that when your owner occupying your 1 to 4 unit you don't have to follow the normal fair housing laws.. you can pick and choose who you want to live in the units .. now some cities or states may have overriding rules regarding this.. but federal law is clear.. on owner occ 1 to 4.. your exempt from fair housing.so you can have a dog and you could restrict dogs for others.there is a well known list of aggressive breeds that insurance companies wont insure.. this is easy information to get.
Andy Horobec
Income from wholesaling to pay off my house
23 June 2024 | 5 replies
If you are earning income of any kind, the folks at the federal government want their piece.
Debbie Welch
Financing Construction of Two Detached Dwelling Units
25 June 2024 | 1 reply
Hi Debbie,That sounds like a really awesome setup and bravo to the local government to allowing this!
Joe S.
Lease option question for Texas
25 June 2024 | 1 reply
., here's what to know:Legal Framework: Commercial lease options are governed primarily by contract law and the terms agreed upon between the landlord (lessor) and tenant (lessee).
Julie Timm
Tax implications on a 1031 exchange that you gifted but then became a mtg coborrower
25 June 2024 | 2 replies
If sold before his death a good estimate would be pretty close to 20% of the selling price in federal taxes. (15% on the capital gains which is nearly 100%) plus 25% on the building’s depreciation.
Jackie Riley
Property transfer to LLC/ tax treatment
24 June 2024 | 5 replies
We’d like to transfer their interests to an LLC – however, we do not wish to be treated as a partnership for federal tax purposes.