
12 June 2013 | 39 replies
I guess I really opened a can of worms with this topic.. here's what I see when I look up MGL Chapter 64D, Section 1:Deed, instrument or writing, whereby any lands, tenements or other realty sold shall be granted, assigned, transferred or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his, her or their direction, when the consideration of the interest or property conveyed, exclusive of the value of any lien or encumbrance remaining thereon at the time of the sale, exceeds one hundred dollars and does not exceed five hundred dollars, two dollars; and for each additional five hundred dollars or fractional part thereof, two dollars; provided, however, that in Barnstable county, the excise tax herein specified shall be one dollar and fifty cents for each five hundred dollars or fractional part of said consideration, excluding a consideration of between zero and one hundred dollars.The dollar amounts don't seem accurate, so I could be missing some other law elsewhere that I could not find.If I read this correctly, my interpretation of the above is that the tax is exclusive of any liens.

11 November 2011 | 20 replies
I can see for a single tenant in a house that is not close to your other rentals doing a negotiation like that might work.Most of the tenants I have if the judge says to be out they go.Different tenants have different levels of knowledge with the process and the last thing you want is to empower them more.You will have enough professional tenants to deal with as it is.I always tell my property manager that "less is more" when talking with a tenant.The more you explain things to them the more they learn and are more difficult to evict.Let them believe they have to be out and most will just move and not wait on the writ.One tenant I had got a judgement in court and the eviction date from the judge.They paid the judgement and moved out and didn't wait on the writ.They didn't know about garnishment,bank levy,etc. and the process and just paid me the judgement.Also even if it is a house you have to watch if your properties are close to each other or renting to friends or family they will talk as well about you the landlord.Have another tenant now where she owes thousands and the writ is in a week.She has been waiting on disability approval from SSI.She wants to pay 700 but I have a judgment for a few thousand.I told her if she comes up with 2,500 I will let her stay otherwise she is out.The reason is at 700 it is not worth it to me.I would take 700 and then have to cancel the writ and refile eviction.With the holidays it could be January before I get her out again because of the courts taking the time off.At 2,500 I get most of what is owed and I don't have to recondition the property.Then I don't have to get re-rented during the Holidays which will most likely take a special first months rate to rent out.As a landlord these are the tough decisions you have to make on a case by case basis.We do inspections once a month.Then we know if we file eviction what kind of recondition costs will be needed to get ready again.Then you weigh the thousands in costs or hundreds depending on condition re-renting versus a workout with the current tenant.As far as evictions go most will pay the judgement.If they do not I am nice to them and press them to move out by the court ordered date.The property manager goes in daily and says a few more days and it all has to be out.This presses them to move.If they change the locks which they are not allowed per the lease then we have an impact driver that will push through the toughest lock in under a minute.Some will stay and wait for the writ but not many.I wait until they leave and then I "bring down the hammer" and file garnishment against them.I don't do this until they leave to keep them calm and make them think they are getting away with something.They leave the place clean with no trash thinking they are getting off scott free.

23 June 2015 | 7 replies
It will be the responsibility of Wisconsin's Department of Safety and Professional Services to levy any sanctions against the CPA.

20 April 2016 | 8 replies
You are not allowed to rent this out on your own, ie airbnb VRBO etc.The strata fees are only about 40/month (to each of the 12 owners) however there have been facility improvement charges etc that can double or triple that with bed sheets upgrades and levies.

5 July 2016 | 0 replies
Hello, I'm new to BP and real-estate investing. I started getting interested when poking around on the county GIS page and clicked on my neighbors property and saw she was several years behind on taxes. It lead me to ...

9 July 2017 | 24 replies
There also appears to be a lot of support from the state(tax levied in the city going back into the city instead of to the state).

24 October 2017 | 7 replies
Yes, plenty of people try to fly under the radar, but if/when they are caught, the city will likely fine them significantly and may levy additional penalties.

29 May 2017 | 6 replies
I specialize in Sales/Use/Excise and Property Taxes.

6 May 2017 | 18 replies
On the one occasion we did levy a late fee I promised to credit it to the next months rent if that was paid by the 3rd Wednesday.So I am an idiot fool landlord who hasn't trained his tenants and doesn't run his rental as a business.
16 October 2016 | 4 replies
But if I have too much on my plate and need to wholesale, who typically pays the excise tax?