Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Alvin Sylvain
Anybody play this game called "Tenants" on Steam?
24 December 2024 | 9 replies
But it wasn't just the video game, he had 3 or 4 monitors, 180 degree view, a steering wheel, pedals, an 18 gear shifter, you name it.
Paolo Ruggieri
Follow up Boss
24 December 2024 | 3 replies
Hi @Abel Curiel - can you share the consultant's name with me as well?
Mario Morales
Commercial Unit & Leasing
2 January 2025 | 3 replies
I’m considering consulting a lawyer to clarify these issues.Two weeks ago, I reached out to the tenant via email to start a conversation and propose a win-win renewal, but I haven’t heard back yet.
Ray Tetu
Best WATER METERING purchase options?
19 December 2024 | 1 reply
What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
>>For purposes of taxes, consult with a CPA to confirm this would work for your situation, but you could have the LLC be treated as a "disregarded entity" and thus, even if you and your wife are members, any profits/losses would "disregard" the LLC and go directly on your personal returns.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
This year will be the most I have paid for my taxes to be prepared, and the only year where I will be filing with an extension (and added stress).To be fair and objective with my feedback, the upfront consultation process went well.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
I have a weekly foreclosure list that goes out and I monitor 4 family apt building listings too...Best regards, Greg