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5 November 2024 | 28 replies
Whether its your tenants, creditors, attorneys, the boogeyman, crazy ex etc. you're afraid of.... none of the wonky asset protection strategies aid in preventing the liability or claim from arising and add no additional protections, anonymity or preparedness.
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1 November 2024 | 5 replies
This can be risky, especially if vacancies or unexpected expenses arise.
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30 October 2024 | 2 replies
So the total amount that should be paid will be rent for remaining days in month + security depositORrent for remaining days in month + next month + deposit - I don't know when would this situation arise.
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29 October 2024 | 6 replies
Not sure how this helps, but they seem to have a system they like to follow, and their LLCs hold general troughs of investments, i.e. all syndications go in ABC LLC, all direct holdings go in XYZ LLC, etc.From protecting your liability that may arise from an action taken by the syndication, I can't imagine you would create any real protection there.
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30 October 2024 | 9 replies
In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?
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31 October 2024 | 14 replies
This can be risky, especially if vacancies or unexpected expenses arise.
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31 October 2024 | 17 replies
If legal fees or eviction costs arise, they’re also deductible as ordinary and necessary expenses.Keep detailed records of every expense for accurate tax reporting!
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28 October 2024 | 6 replies
He then sent out his prediction newsletter to the 2500 for which he had “correctly” predicted a gain. 1250 newsletter predictions were for a rising market; the other 1250 were for a decline.
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26 October 2024 | 1 reply
So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?
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25 October 2024 | 0 replies
Lower interest rates, however, are expected to keep debt issuance attractive, while a rise in REIT stock prices could boost equity offerings.