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23 June 2024 | 5 replies
Would I be able to accomplish this by quit claiming the deed into an Llc?
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23 June 2024 | 38 replies
On top of the potential insurance claim, imagine if someone died because the smoke detector didn't go off.
26 June 2024 | 34 replies
Joshua -No.If the property was not rented and did not generate any rental income for the tax year, you would not be able to claim depreciation deductions against your W-2 income for that year.Thanks.
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24 June 2024 | 8 replies
Like CPI, the most important factor for how it will affect yields and mortgage loan rates is the reported numbers versus estimates (for both change in number of jobs and unemployment rate percentage), rather than comparisons to prior time frames.Jobless claimsWhile the CPI report and jobs report are typically the biggest monthly market movers, the release of jobless claims also has a big effect on yields and mortgage rates.
23 June 2024 | 25 replies
But I couldn't tell you how many times I was frustrated, heartbroken, upset, and nervous, because I had higher/unrealistic expectations set and was not prepared to weather the challenges, which were unpredictable to me.
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23 June 2024 | 8 replies
Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.
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23 June 2024 | 105 replies
But they will also fight the claims and have small print on them.
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22 June 2024 | 2 replies
If this has happened to you please let me know.I have not been receiving payments from Zillow that renters at least claim the are making.
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25 June 2024 | 35 replies
You did not run his rental application so you don't know the soon to be ex-husband's income.In our rental criteria, if more than 40% of the income come from unstable sources like alimony, child support, commissions, etc - we reject the tenant even if the total (or I would say "claimed total") income meets the income requirement.
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25 June 2024 | 39 replies
I also find it ironic that people claim this is about being able to "entertain" even though people today hardly entertain at all, while people 70 years ago entertained a great deal and seemingly with no issues despite their kitchens not being integrated into their living rooms.