
16 May 2024 | 2 replies
You should have verified that it was fixed prior to closing.

16 May 2024 | 10 replies
You can ask for the papers verifying the service dog.

20 May 2024 | 121 replies
@Scott Kroneyes I verified the income, it is $9,795.00/mo to be exactI see a gauge of 1/3 in expenses, using that metric it's a 9 cap and I know multifamily in that area to be a 7 cap.
16 May 2024 | 6 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

16 May 2024 | 25 replies
Even with this carve out available, it does plainly state that a taxpayer does still have the option to go back and amend the prior year return - so both answers can be correct.I would have your CPA/EA review your situation and the related Revenue Procedure to verify you are under this section, which would allow filing of the 3115 instead of amending the prior year return.

16 May 2024 | 9 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

15 May 2024 | 5 replies
They need the records for your rental properties to verify and calculate the PITI.

15 May 2024 | 3 replies
Last week, I learned about Section 8.52.110 which is an LA County regulation requiring an owner to compensate residents they are evicting through the Ellis Act (no-fault) anywhere between $7k and $20k depending on the number of rooms in the apartments and the age/disability of the resident being evicted.I believe Hermosa Beach follows this rule, the city lies within LA County, but can't verify with anyone from the City if the City has a rule that supercedes the LA County rule.Can anyone with knowledge of this rule and how it is applied point me to a website or other source of information that would answer this question?

15 May 2024 | 10 replies
We would just need to verify you have credit history here in the US, and an ITIN letter.
15 May 2024 | 4 replies
An estoppel certificate can also help verify the terms directly with the tenants.Market Research: Look into neighborhoods where multifamily properties are more common.