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1 November 2017 | 18 replies
The first step is to realize that little houses with debt do not belong in LLCs.Search - 'I am trying to refi my house but it's in an LLC and all I can get are crummy balloons and high commercial rates' or "I triggered the due on sale clause and jacked up my title chain quitclaiming my little house with debt to an LLC', or many others relating to insurance and filing taxes and not having any real liability protection anyway.I use LLCs to hold my commercial 5+ unit buildings so am not anti-LLC, but this asset type with a mortgage is oil and water IMO.
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7 December 2017 | 6 replies
Personally, I think those people are as nuts as the anti-vaccine crowd, but it's something that you will have to contend with at resale time.
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5 December 2017 | 4 replies
My favorite tax analyst, Toni Nitti of Forbes, posted this troubling article. Here is the short version:The Senate version limits the 23% deduction afforded to pass-through entities to the 50% of the wages paid by the...
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11 December 2017 | 11 replies
Of course you want to trust that they did it right - with anti-bacterial spray before they put up the drywall.
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10 December 2017 | 15 replies
Now, you are asking to step in and that people trust you to take charge of a "bad" or likely costly project.... might be hard to do.Also, why do you have TK videos on your site if you're so anti TK?
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9 November 2020 | 122 replies
I have a tenant from NYC and she's mentioned that renting is just what she's used to.It does seem like she's offering a good deal to alleviate your fears, but like others have mentioned dealing with the nonsense the government imposes between such an agreement between two consenting adults might make it a PITA, and if she's a skillful mooch in an anti-landlord state she may be trying to bait you into a problem.
10 December 2017 | 7 replies
I will echo the anti HOA sentiment. one rental HOA just notified us of a special assessment AND am increase in the monthly premiums.
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3 May 2018 | 6 replies
It's the FHA anti-flipping rule.
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5 June 2018 | 14 replies
[anti-HOA tirade over]