
9 October 2024 | 12 replies
You need to start bringing in options 2) The assets you trapped in your net need to be analyzed now A - Z and pick out the best ones based on area, grade, project cost, ARV, etc.

10 October 2024 | 14 replies
I don't know if the property was originally built as a 2 bedroom and somewhere along the lines another bedroom was added but not recorded for whatever reason.I had to file revised plans for my own property when I found it was not in accordance with county records and the changes would have to be approved.

9 October 2024 | 2 replies
Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

6 October 2024 | 2 replies
Last year I left it all and purchased a boutique STR company in Arizona.

9 October 2024 | 23 replies
I personally invest in Columbus and know a ton of out of state investors from states like CA, AZ, NY, NJ that like to invest here.

9 October 2024 | 1 reply
But knowing its value is key for taxes.IMPROVEMENT VALUE:This is the value of all the upgrades you make to your property – like a new roof or an updated kitchen.These improvements can be depreciated, which means tax savings for you.3115:Filing this form can allow you to claim missed depreciation from past years.Basically you are letting the IRS know that you are moving from the standard deduction to an accelerated deduction.RECAPTURE:It's payback time!
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.
8 October 2024 | 8 replies
Is there any flat fee lawyer in Chicago that can help me file this?
8 October 2024 | 5 replies
The legal method is to file for an eviction and slog through the time-consuming court process.

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-...