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1 February 2025 | 7 replies
If anything they are even more reliable.
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24 February 2025 | 5 replies
Inland Marine (this is for tools and materials being transferred between sites.Also, always be sure to get the certificates of insurance with your LLC named as an Additional Insured.
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22 February 2025 | 25 replies
I used a conventional loan and was planning on transferring the deed over to my LLC.
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9 February 2025 | 3 replies
When a lease ends they’ll suggest new rents and if the tenant hold be offered a renewal. some will offer to transfer utilities for you when it goes vacant, all should handle the transfer when a tenant moves in With 10 properties I don’t “talk” to my PM more than 2-3 times a year.
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24 January 2025 | 0 replies
Show Financial Stability- Proof of Income: Military pay provides a stable and reliable income source that banks value.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.
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20 February 2025 | 3 replies
You’ll need an agent who knows the area well, a solid property manager, reliable contractor connections, and lenders if you plan to use private money.
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16 February 2025 | 9 replies
So investors want someone with a long track record of reliable and risk adjusted returns.
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6 February 2025 | 10 replies
@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.
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17 February 2025 | 5 replies
Yet another reason, (albeit not in the top three) why all rental property should be in an LLC with a wife or child as a partner (even .1%) so as to file the Form 1065.Number 1 is liability protection, Number 2 is privacy, Number 3 is ease of transfer for estate planning, Number 4 is possible sale of the LLC to conceal sales price (also called drop and swap), Number 5 is having a single entity for financial reporting, Number 6 is brand identity.
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5 February 2025 | 54 replies
For example, Columbus or Huntsville, AL has come up a bunch of times but I’d have to transfer.4.