Jay Lam
Bank accounts for rent and security deposit
12 April 2024 | 4 replies
They share a personal account where only rental income is deposited, and I am listed as the beneficiary of their accounts at their bank.Although this is technically a personal account, we still like to refer to it as a "business" account to internally emphasize the necessity of maintaining a clear distinction between these funds and other personal accounts.
Dianna Ivanov
Luxury Investment Specialist
10 April 2024 | 1 reply
Dianna is highly regarded for her talent in identifying exclusive investment opportunities, conducting project analysis, and implementing distinctive marketing strategies.
Lee Singleton
DSTs vs 1031 for Deferring Capital Gains
5 April 2024 | 6 replies
Understanding the nuances of each option is crucial for investors to make informed decisions that align with their financial goals and risk tolerance.I hope this clarifies the distinctions between Delaware Statutory Trusts (DSTs) and 1031 Exchanges.
Joseph Skoler
Co-op Mortgage Tax Deduction Limits and Calculation
5 April 2024 | 9 replies
No idea how to deal with the 2021 originated underlying mortgage loan with the owner's share of the current principal due of $200,000.Joe -You're raising a valid point regarding the distinction between the two mortgages and their respective origination dates.
Nico Cruz
New Investor in Florida
5 April 2024 | 13 replies
Resources like as BiggerPockets, Zillow, Realtor.com, and local MLS may be found on these websites.The real estate market in Pinellas County is distinct in its own right.
Mark S.
Tenant Claims Bad Bathroom Odor, Should I Just Let Him Go?
2 April 2024 | 49 replies
We have four bathrooms and rarely use the one on the second floor when compared to the rest.I ran the water about 10-15 minutes a day for a week or so, threw a few scent pellets down the drain (bought at home depot).
Stan Tallman
Seller threatening to break contract to put back on market (for more $)
2 April 2024 | 59 replies
I study this fundamental question here and come to a conclusion based on a simple distinction between two types of contracts: contracts to produce new goods or to provide services;1 and contracts to convey existing goods or other property.
Mike Lambert
Buying pre-construction properties in Tulum and Mexico in general
1 April 2024 | 67 replies
They have most to do with the developer and the fact that you have to advance a significant amount of money against just a piece of paper without any guarantee that you’ll get either your property or your money back.There are actually two distinct risks here.
Roy Mitle
Renter demand laundry and dinner payment because appliances broke
4 April 2024 | 42 replies
i do think these types of questions combine 3 things: "what does the law require," "what does the lease require," and "what should I do given the particulars of my situation"and those are distinct questions.
Davit Gharibyan
Corporation or LLC
30 March 2024 | 10 replies
A distinct LLC for management establishes a record-keeping division between property ownership and management activities, which may be useful for bookkeeping and upcoming audits, even though income still flows through to you.