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Results (10,000+)
Brian Goff LLC Question regarding ownership and income reporting.
18 October 2024 | 3 replies
My intention was to minimize my reported taxable income after taking expenses against the earnings through the LLC.I don't see how this would benefit you tax wise.In fact, I would be concerned that by mixing personal business (rental property in your name) with the LLC that you could basically nullify the liability protection the LLC offers  allowing anyone who sues you to pierce your corporate veil because of this co-mingling. 
Thomas McPherson Thoughts on Pacaso (Co-Ownership Real Estate) and it's Market Effects?
17 October 2024 | 1 reply
Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and more focused on the overall profit they can generate through fractional sales and ongoing services. 
Allende Hernandez Need suggestions on how to handle utility costs for house with "efficiencies"
20 October 2024 | 8 replies
This would allow me to raise the rent for the main house a bit over market but I'm concerned usage could get out of control and making my cashflow take an unpredictable hit.Does anyone see other options here that may work better than the two above?
Nathen Strife House Hacking - Single Family w/ Finished Basement
18 October 2024 | 2 replies
However, once you move out and rent both units, forming an LLC might be worth looking into for liability protection.2️⃣ Zoning concerns?
Alan Roth Handling an Enormous First Step
17 October 2024 | 7 replies
Quote from @Alan Roth: I'm already concerned.
Axel Scaggs Security deposit forfeited?
17 October 2024 | 12 replies
The landlord is required to return the deposit and/or provide accounting within 30 days of moving out AND providing a forwarding address
Mark Dutton I hate having mortgages
18 October 2024 | 34 replies
If you are concerned about your sales income stability moving forward, just make sure your reserves stay big enough to let you sleep at night.
Tricia O'Brien California - Rent "paid" when electronic transfer initiated vs Landlord gets $$ ?
18 October 2024 | 7 replies
I have the nolo press book, "California Landlord's Law Book: Rights and Responsibilities " but it doesn't address this specific  scenario.  
Annie Chien What would be the best revitalization strategy for a Fourplex
15 October 2024 | 14 replies
This will need to be addressed ASAP.3.
Cory Melious Long term tenant hit me with a clearly fake ESA letter
18 October 2024 | 7 replies
I'm concerned with how to enforce any rules now that he's trying to skirt the lease.