Charlie Loomis
From Master Metered to Indivdual
19 January 2025 | 6 replies
Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state.
Tyler Munroe
New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
This provision, through the Affordable Homes Act, make ADUs legal BY RIGHT in any single family zoned property in the state.
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
So, we decided to ride it out and go through the legal process.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Many would be surprised to learn that about half of all states allow discrimination based on marital status, meaning a landlord can reject applicants that are not related and not legally married.As always, it's important to know the laws of your jurisdiction.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
Perfectly legal, no hassles.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
Registration is only permitted for legal entities, partnerships and natural persons who are 18 years or older.
Kevin Moise
Please critique my gameplan when it comes to wanting to flip my first property.
2 February 2025 | 6 replies
As said before I am talking to a lawyer about that.Get everything in writing (legal documents) before starting and have the CPA record all transactions between contractors and I.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
For long-term planning, consider transferring the property into a trust to manage tax and legal complexities.This post does not create a CPA-Client relationship.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
An LLC is useful for two things: anonymity and legal protection.