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4 September 2024 | 7 replies
Sponsors often provide extensive website information, including their mission, vision, portfolio, and testimonials.
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6 September 2024 | 3 replies
My vacation rental performed really well during tourist season, then poorly for the other 6-7 months.
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7 September 2024 | 36 replies
Also, they state that if I'm found to have violated these peoples Human Rights, that I can lose my other Low Income Housing Tax Credits (aka Section 8 at my other property).The complaints also state that these individuals suffered "anguish" forEven if we decided to fight this, which we probably would have a decent chance at winning, it will cost me thousands in lawyer hourly billings vs. just paying out a settlement to these people.At this point, my lawyer has filed an extension with NY Division of Human Rights and should be reaching out to the non-profit behind all of this mess some point soon.It sucks because it will be more expensive to fight it and win, than to just take the L and pay them out a settlement.
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6 September 2024 | 9 replies
For example a DSCR (debt service coverage ratio) type loan looks at how a rental performs to determine how it qualifies for a mortgage.
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4 September 2024 | 5 replies
seller is really looking for a cash sell, so i think it's a stretch.
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9 September 2024 | 28 replies
I'd have to plan around that in case I have to front the rent due to poor performing rentals.
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9 September 2024 | 52 replies
The biggest "risk" is them performing, because at end of term that means they complete purchase of property.
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4 September 2024 | 10 replies
The one we are considering, Family Dollar just exercised lease extension at this location through 2027.
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6 September 2024 | 4 replies
They will work with the buyer to re-set the loan and terms because when they foreclose and bid the property in for their loan amount which they mostly do around here, they have to recognize the loss as a non performing loan which has a multiplier effect on their lending base.
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4 September 2024 | 11 replies
Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for the previous year or adjust in the year of the cost segregation study?