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Results (1,402)
Tyler Rowland "Stolen goods all over the property!"
27 February 2020 | 0 replies
After getting the phone call from police that her duplex was the one where they were storing the stolen goods at(among other substances) she got with a lawyer to see what she how she could mitigate losses. 
Ricardo A Perez [Calc Review] Help me analyze this deal
1 March 2020 | 2 replies
Hello Anthony thank you for responding i guess i should add some substance to my post.
Heath Jones Lessons #1 from first year of self-managing our 20 rentals
3 March 2020 | 11 replies
It was always plugged in so the odor wasn't too bad but it had food, meat juice, and sticky substances in every crack and crevice. 
Joe Delgrosso No Tax Benefits From Owning Properties?
8 March 2020 | 31 replies
Ease up on the agro responses.The reason the code limits losses in a whole number of areas is to not incentivize activities with limited economic substance.
Michael Lawrence 24 Unit multi family (first deal)
21 March 2020 | 17 replies
Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require
Samantha P. Finding an honest tenant
11 March 2020 | 5 replies
Fills out the app and pays for the credit/background check...credit 583, with a few arrests for illegal substances.  
Lamar Washington Tax Delinquent, Foreclosure, & Pre-Foreclosure LISTS
12 June 2020 | 2 replies
any "pre foreclosure" list you purchase,would be based on someone's guess, and not really any thing of material substance.
Ellie Narie Are gift taxes triggered if you add a joint owner not on loan?
20 April 2020 | 2 replies
One must look at the economic substance of the transaction over the legal form.
Lawrence Pearson Rentals and Recreational Use of Drugs
2 May 2020 | 7 replies
So today I recieved a letter on my door as well as all my neighbors saying that they are aware of people indulging in illegal smoking substance.
Jennifer D. How can we avoid getting ghosted by contractors?
3 May 2020 | 4 replies
They have financial or substance abuse problemsI find #1 and #4 the most cases.One contractor that does work for me won't send me an invoice for like a month because he is so disorganized.