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4 September 2024 | 2 replies
However, I'm receiving pushback from the Revenue Division regarding the issuance of a short-term rental permit.
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1 September 2024 | 9 replies
Any suggestions on when is the best time to set up a LLC, is it too late to get it after an offer is accepted? is it needed if I am buying my first rental property?thanks
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7 September 2024 | 85 replies
Every inspection report you receive on any property will always be a long list of items that need to be addressed, even on a brand new build.
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8 September 2024 | 29 replies
I received 124 emails from them in one day.
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6 September 2024 | 79 replies
I share the same sentiment of skeptism when it comes to finding properties and receiving the ok.
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4 September 2024 | 8 replies
We receive most of our leads from Furnished Finder with an uptick in Airbnb traffic for the peak winter months.
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5 September 2024 | 8 replies
It involves the fact that the taxing authority and the law firm that they have contracted with to handle the tax suits just do not identify all of the owners who are entitled to be notified that the property is being foreclosed on.Tax sales are usually a mess.The tax deed itself even says that it does not even claim that the property exists, as well as not guaranteeing that you are receiving title.The only way you can be safe is to have a title company do a title search for you.I hope this helps.Good Luck.Michael Lantrip.
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4 September 2024 | 4 replies
(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.
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5 September 2024 | 13 replies
Any reduction in debt or cash received might be treated as "taxable boot," potentially resulting in tax liabilities.
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3 September 2024 | 10 replies
However, since the new year, as we have started to receive client work, it has mostly been small remodel jobs.