Tevis Verrett
Solar Panels, Multi-Family, & Charging/Collecting Utilities: How To?
26 May 2017 | 16 replies
So if you have a net excess in power produced the utility will pay you for it and if there is a net use you just pay your now lowered utility bill.I think that the easiest if you look at doing this is to find out how to keep the tenant out of it, so you AREN'T considered the utility and subject to regulatory issues ect. but you also don't just want to lower your tenants utility bill $100/mo and not be able to charge a proportional rent increase.If you can have the electric metered so your generated electric is sold directly to the utility and you get the normal rent amount and the tenant pays their full electric bill then I think it would be doable otherwise I think that you will end up with a big installation expense and no big rent increase to cover the costs.
Carolina E.
House Bill 2430-Lift Ban on rent control
4 April 2017 | 9 replies
Regulatory costs, property taxes, and costs for services will continue to rise, but the owner’s rental revenue will remain stable, leaving a shrinking pool of funds available for maintenance and improvement.§ Property taxes and other fees and regulations placed on rental property owners are already very high, and are rising faster than rent increases in many cases.
Julio Gonzalez
Infrastructure Projects - How to Maximize Tax Savings
15 January 2024 | 0 replies
If the asset is incorrectly classified, this mistake could cause an overpayment in taxes.Compliance Issues: If you fail to meet certain compliance requirements such as permitting, licensing or regulatory requirements, this could trigger large tax penalties.
Dolev Zaharony
Short term rental commissions
5 February 2022 | 8 replies
Partnering with an agent would obviously be an easy option as you mention; then he/she satisfies the regulatory stuff and you can get him/her to do some of the heavy lifting and everybody gets paid.
Sean Comp
CO inspection problem
8 July 2022 | 5 replies
Blue areas typically impose permit fees, inspection fees and regulatory regimes against Landlords that are onerous, expensive and punitive.
KJ L.
Strategy to purchase and flip property in Los Angeles
10 June 2019 | 16 replies
We've been asking our eviction lawyer about suing the city of Los Angeles for regulatory overreach with some of the new laws regarding rent control and the airbnb regulations.
George Liu
Scammed by a wholesaler
2 October 2019 | 16 replies
This is probably a better question for your lawyer.Your state licensing authority has regulatory authority over the industry...may be worthwhile to connect with them to see if the wholesaler is on their radar. https://www.trec.texas.gov/Sorry to hear the deal went South.
Jake Langley
trying to buy House In Bankruptcy
6 June 2018 | 18 replies
You may get the attention of some regulatory agencies or some relatives that want to know why your "helping" of the homeowner is taking money out of their pocket and putting it into yours.
Bryan Rodriguez
An Austin 1031 Exchange Broker?
17 July 2015 | 5 replies
Please understand that Qualified Intermediaries, in general, are not licensed, regulated or required to be insured or bonded and have no minimum equity capitalization requirements.We recommend that you consider the following risk criteria prior to selecting a Qualified Intermediary:(1) The technical expertise and experience of the Qualified Intermediary(2) The level of protection provided by the Qualified Intermediary's errors and omissions insurance coverage, which protects you against possible mistakes made by the Qualiied Intermediary(3) The level of protection provided by the Qualified Intermediary's Fidelity bond coverage, which protects you from potential theft or embezzlement of your 1031 Exchange funds by the Qualiied Intermediary(4) The practice of using Qualified Trust Accounts or Qualified Escrow Accounts to ensure that your 1031 Exchange funds are protected by law as fiduciary funds(5) The protections provided through licensing, auditing, and regulatory oversight by regulatory authorities I hope this helps, and if you have any questions please feel free to give me a call or pm.
Mike Adams
1031 with IPX1031 - concerned
11 November 2020 | 7 replies
The item to look for is whether the Qualified Intermediary has any direct government or regulatory oversight.