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7 June 2024 | 8 replies
Texas is good in the sense that there are possible options to do this anyways without notifying the lender, so here it comes the second consideration, in which the seller has to have assurance that you have the funds.
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6 June 2024 | 7 replies
What are the considerations for this type of deal?
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5 June 2024 | 4 replies
I made a zillion bucks on a bonus... time to fire up the cost seg on that STR.Another consideration or variant is the 3115 big cost seg deduct paired up with a Roth conversion.Gotta factor in descending bonus during 2023, 2024, etc.
5 June 2024 | 0 replies
Are there any considerations I should be aware of and account for when under contract with a property owner who has an assignment contract with a wholesaler/investor?
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6 June 2024 | 4 replies
This incident triggered every trouble I'm experiencing now. 1) The officer from LAHD is after me saying that I need to register the property as a rental property and evict her with relocation assistance, which cost about $9000. 2) The Building department is after me with the order to comply: which I believe it might be better of demolishing the house and rebuild it.
6 June 2024 | 11 replies
License, which is a considerable process itself.
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5 June 2024 | 5 replies
Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.
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5 June 2024 | 0 replies
As a result, careful consideration of the ramifications of the S & A decision is essential when planning internal corporate restructuring transactions involving recorded deeds, as well as in estate planning transactions.CAVEAT❗️❗️❗️This DOES NOTpresently apply to transfers of non-homestead residential property to revocable living trust agreements or land trusts This is limited only to non-homestead properties (such as vacation homes, secondary residences, rental properties, or vacant land)KEY TAKEAWAYSIt is important to remember that a change of ownership or control might not make a difference unless the property has been appreciating at a rate of greater than 10% annually.
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5 June 2024 | 8 replies
Even if innago is free if I could find another one that wouldn't charge my tenants, that might be a consideration even if it cost me 50 to 100 bucks a month
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5 June 2024 | 15 replies
The flip side is you have now a tailwind from considerable market appreciation that can do some of the heavy lifting for you, so by the time you are done with your rehab (forced appreciation) the market will have also moved on.