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28 July 2024 | 17 replies
You can also check county records for filings on the property.If you have a relationship with an experienced investor, they may have the tools to find things that would affect title.
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27 July 2024 | 5 replies
They will probably file a memorandum that prevents you from selling without giving them a substantial amount of money.
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27 July 2024 | 15 replies
From an agent perspective, an inspection contingency or not and deadlines are usually clearly stated in the contract, to be reviewed before you sign, and you should have a copy for reference.
28 July 2024 | 25 replies
I'm not sure if you're American but if you are and you file US taxes jointly then you'll still owe capital gains in the US.
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28 July 2024 | 21 replies
I've seen so many ethics and commission complaints where the agent files a claim With their e&o carrier to only have it denied because of that threshold and they're always totally shocked.
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25 July 2024 | 11 replies
Give them a form to fill out if they want to make payments, so there's a clear schedule of how much they need to pay each time and a deadline for when it should be paid in full.
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26 July 2024 | 5 replies
We use a company that sets up all of our long and short term holds in LLC's and our parent company is filed in Wyoming due to all information being protected and not publicly available from the LLC.
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26 July 2024 | 7 replies
It is just a legal filing.
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25 July 2024 | 10 replies
Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.
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26 July 2024 | 23 replies
A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.