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Results (10,000+)
Rafael Pinho FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
25 June 2024 | 5 replies
You ask because you think the LLC protects anonymity, but not from taxes.
Brandon Gall One tenant wants to break lease without telling the other
26 June 2024 | 5 replies
@Brandon Gall if it’s domestic abuse, in my state they can provide copy of protection order and give notice without penalty, and if abuser is only occupant left, you can then give notice to them.
Amy Denzler Tired of Shenanigans. . .seeking a network in Cincinnati
26 June 2024 | 11 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
Joe S. Lease option question for Texas
25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
Matt Kitchen Dog breeds and Liability
25 June 2024 | 15 replies
Does the law protect landlords from problems like bites if the size or breed varies? 
Tom McGee How to move rental units from personal to LLC structure
25 June 2024 | 9 replies
So transferring properties with existing mortgages into an LLC without selling them to the LLC is a common strategy for most real estate investors seeking to protect personal assets and possibly enjoy certain tax benefits.
Scott Everhart Potential Tenant Can Only Pay Rent With Alimony. What Do I Do?
25 June 2024 | 35 replies
How do I properly get proof of the alimony she will receive AND how do I protect myself from her either not paying or getting her alimony to pay?
George Kopp Lending with Personal Guarantee
25 June 2024 | 19 replies
Florida is a really wonky state with protecting assets and such. 
Arina Alexiuc LLC Structure - how to set/use
25 June 2024 | 8 replies
As such, if you're sued or something similar happens, then in some cases, the theory (at least) is that the law of privity should protect your other entities.
Jason Greenway Is this a solid idea? Just wanna know if this is an 'attainable' path.
26 June 2024 | 5 replies
As for LLCs you may open one and protect yourself,  it you always have house insurance and in my leases my tenant gives up the opportunity of insurance and has the option to get renters insurance.