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4 July 2024 | 0 replies
Do not add a unit and rent out each garage (2 of them) individually for $150/ month.
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5 July 2024 | 19 replies
(One of our fees is a $50 fee per resident over 18yr)Is it reasonable to increase the monthly rent based on leasing to a company instead of an individual?
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4 July 2024 | 8 replies
Given that, should you ever be involved in a lawsuit in Thailand against Thai individuals or entities, how likely are you to win, even if you're right?
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3 July 2024 | 2 replies
You can qualify for this by:Having tenants for 7 days or less at a time.Materially participate, typically with the test: You participated in the activity for more than 100 hours during the tax year, and you participated at least as much as any other individual (including individuals who didn’t own any interest in the activity) for the year.If you materially participate, you can offset your non-passive income even if you have W-2 income.
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6 July 2024 | 25 replies
This can lead to individual properties falling to the back of the list.As long as PMs disclose the above when you sign up with them it's a good start...
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5 July 2024 | 19 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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3 July 2024 | 7 replies
They can be convenient to do (one loan versus 5 in this example) and save on processing costs (versus an individual loan).
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4 July 2024 | 1 reply
When I analyze a deal like this, I review then individually so that I know what I'm actually getting.
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30 June 2024 | 4 replies
While I understand that, my understanding and what our own attorney has confirmed, is that there should be an individual who serves as the guarantor in this type of instance.
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3 July 2024 | 6 replies
They can provide personalized advice based on current tax laws and your individual circumstances.Please feel free to reach out to me directly if you need!