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Results (10,000+)
Albert Johnson Tenant have security camera facing other unit
22 August 2024 | 9 replies
I agree with Nathan..... there should be a compromise to make both happy.But legally the camera is pointing towards his vehicle, in his parking assigned space and if its also viewing a common public area, there is no invasion of privacy... its a common shared access area.
Zack Hawkins Spec House ( Taxes: LLC vs. Individual)
21 August 2024 | 2 replies
But if you plan on doing more spec homes, the LLC would likely offer more benefits through legal protections (obviously speak to your attorney about this) and potentially tax savings if you look to file as a S-Corp.
Randy Sinda Getting Paid for Bringing the Seller and Buyer Together
21 August 2024 | 4 replies
In my network I've reached out to a RE friend of mine and she has a investor end buyer that is interested in my deal which consists of 3 properties as a package deal from the seller i.e the seller does not want to sell just 1 of the properties it must be all 3 of them which are cash flowing rentals.My question is my RE friend has to legally transact the deal on a "CAR" purchase agreement.
Chris Lee Buying an unwanted tenant occupied single family home
22 August 2024 | 3 replies
The credit is not mandatory, but covering some of your legal expenses would be nice. 
Alberto Solis DST 1031 Exchanges seem primed for Sponsor success while minimizing Investor security
22 August 2024 | 16 replies
They are effectively like any other syndication (by definition they are a syndication), but put in place a legal ownership structure to accommodate 1031 proceeds.I understand why they have higher fees than the typical syndication, given the complexity in their ownership structure compared to a "typical" syndication.At the end of the day, any return from a syndication (typical or DST) is going to be primarily driven by market cycles.  
Carter Mayberry Landlord Trying To Sell The Townhome with 10 Month Left In Lease
21 August 2024 | 6 replies
Here’s a simplified breakdown:Lease Agreement: Since your buddy signed a 12-month lease in July '24, he is legally protected until the end of the lease term unless the lease has specific clauses allowing early termination under certain conditions.No New Lease Signed: Since no new lease was signed for the new home and no formal agreement was made, the original lease terms for the townhouse still apply.Landlord’s Request: If the landlord wants to break the lease or has changed their mind about the swap, they would typically need a valid reason, like a breach of lease terms, or might need to negotiate an agreement with your buddy (buy out)Legal Advice: Your buddy might consider consulting a local attorney or legal aid service for advice on his specific situation.
Laurel Williamson Options for least exposure when moving property into an llc
21 August 2024 | 4 replies
Make sure to open a separate business account for the LLC to avoid co-mingling personal and rental funds.Unless legally required, avoid getting MMLLC as it requires you to file a separate tax return.
Marc Shin Seller financing a Duplex
22 August 2024 | 3 replies
Legal status of titleHere’s the personal information you’ll need to determine1.
Gaurav Vedi How to create LLC/Scorp structure for Rental properties
21 August 2024 | 7 replies
Questions: 1) Is this a good structure OR should I keep Operations LLC (Y) separate from Parent Holding LLC (X) and not under it to avoid any legal complications ?
Christian Licata In need of some advice
21 August 2024 | 5 replies
Why not look at a duplex or place with a legal suite and you can live in one unit and rent the rest of the house?