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6 February 2025 | 13 replies
@Derek Harville If your grandmother gifts you the trailer, you inherit her original cost basis, meaning if you sell it later, capital gains tax could apply.
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12 January 2025 | 3 replies
That applies to replacement cost only and only if more $ is needed to restore the home to a pre-loss condition than what is available under coverage A.
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12 January 2025 | 12 replies
If you’ve yet to build up substantial credit in the U.S. you can apply for foreign national specific loans that don’t take credit history into consideration when qualifying as in some circumstances you can get better rates and terms applying as a FN when your U.S. based credit history is in it’s infancy.
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23 January 2025 | 6 replies
These appraisers are too educated as in general this rule is virtually never applied on MF lots (I have heard of it once).
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13 January 2025 | 16 replies
It's designed to protect assets in the event of lawsuits, negligence, etc. and it only applies when there is underlying insurance coverage.
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4 February 2025 | 13 replies
This allows you to report rental income and expenses directly on Schedule E of your joint tax return, avoiding the need for Form 1065 and K-1s.When you applied for an EIN, the IRS automatically classified your LLC as a partnership, which is why it instructed you to file Form 1065.
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1 February 2025 | 9 replies
Rent To Retirement sells new construction houses in growth markets, so your comments don't really apply here.
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25 January 2025 | 15 replies
There are peculiar rules applies to Japanese properties.
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11 January 2025 | 420 replies
Take the entire available balance of your HELOC and apply it to your first.
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14 January 2025 | 5 replies
My understanding is that the ballpark standard of "unless it would be outrageously tough" (something along those lines) is what applies if you're doing a rehab, seeking new permits, doing structural changes anyways, and things of that nature.For existing pre-ADA structures, my understanding is that the standard is more along the lines of "if it can be easily/cheaply done, you have to do it."