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15 March 2024 | 3 replies
Looking for a lawyer to sue both Seller and Broker.
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15 March 2024 | 5 replies
But the loan officer I spoke with said they have no issue with me moving my properties into an LLC as long as I am paying the mortgage.Because my plan is to purchase properties under my name and BRRRR them and then put them into an LLC the lawyer is advising me to keep them in my name and bulk up on insurance/umbrella policy in case of a law suit.
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15 March 2024 | 16 replies
The condo surprisingly has no limit on rentals, as confirmed by my lawyer I could Airbnb it if I wanted to.
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15 March 2024 | 5 replies
You'll get random advice from a bunch of us armchair lawyers here, but that's worth exactly what you pay for it.
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15 March 2024 | 17 replies
In the mean time, I would contact a local real estate lawyer and see what can be done.
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16 March 2024 | 21 replies
I don't know if this is common in most politically blue states, but I heard a lawyer from Los Angeles once say this (from his experience with SoCal judges): the failure of a tenant to procure renter's insurance will not alone constitute sufficient grounds for eviction under a lease agreement.
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15 March 2024 | 1 reply
No the lawyers need to be licensed in the state where you're transacting business. 2.
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15 March 2024 | 4 replies
We have had some issues with getting insurance for the Florida properties in the LLC and also related issue with the Mortgage (which is in our name).When our lawyer requested EINs for the LLCs we were informed by the IRS that we need to file a 1065 for each of the LLCs.Our structure is that the LLCs are owned by the two Trusts (50%) in each of our names.
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14 March 2024 | 11 replies
Lawyer said we did not have to extend our closing date.
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15 March 2024 | 6 replies
Lawyer approved!