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4 January 2025 | 5 replies
Many insurance companies do not allow adding a landlord as additional insured.
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7 February 2025 | 22 replies
Have you added your home to any of the insurance databases for consideration to help displaced homeowners get temporary housing?
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10 February 2025 | 5 replies
How do you pay for the tax and insurance?
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7 February 2025 | 16 replies
Quote from @Christopher Stevens: Quote from @Lu Kang: Hi Christopher,Now that you are approaching one year with your Dallas property, have you gotten updates on new insurance / property tax rates.I had a similar experience with my place down in Ark.
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17 January 2025 | 3 replies
This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.
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28 January 2025 | 7 replies
Any referrals or recommendations for good and qualified brokers, sellers, property management companies, loan brokers, insurance brokers, mortgage brokers, contractors, etc.
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10 February 2025 | 9 replies
I feel like these are my only options:- House Hack: Would I still need to pay the 6% tax rate if I'm getting rental property insurance?
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5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
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31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.
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24 January 2025 | 13 replies
.: Quote from @Andrew Steffens: Curious what is the purchase price and taxes/insurance/HOA?