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19 January 2025 | 47 replies
What is the legal mechanism?
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5 February 2025 | 6 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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31 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
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29 January 2025 | 22 replies
However, the higher initial investment, property management complexity, and potential vacancy risks can be challenging.
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23 January 2025 | 6 replies
If you want them to leave, provide them legal notice to leave.
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24 January 2025 | 0 replies
Consider Hiring a Legal Expert- German property law can be complex.
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31 January 2025 | 5 replies
Nc contracts require 60 days notice during the initial lease term. 30 days if the contract is month-to-month.
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1 February 2025 | 9 replies
Legal Entity Considerations: Should I hold my rental properties in an LLC or trust for liability and tax benefits, or does it not make a difference for me?
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8 February 2025 | 6 replies
Your LLC set up in KS is for legal protection only.