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23 January 2025 | 8 replies
They are very nice and can be helpful providing you what you can and cannot build on your property (Set back, height restrictions, front look etc).
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4 February 2025 | 9 replies
Zelle has monetary limits and the federal gov. sued Zelle for failure to provide its users from fraud.8) Understanding your local landlord-tenant laws, so you don't make a mistake or get taken advantage of by tenant--follow landlord mentor advice9) How will you handle maintenance issues?
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31 January 2025 | 3 replies
Even if one has to provide the education to some of the parties as to why a particular creative solution makes a win-win-win for all.Â
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4 February 2025 | 13 replies
However, you can file Form 8832 (Entity Classification Election) to change the LLC’s status to a disregarded entity, provided you act promptly.If you don’t make the election, you’ll need to file Form 1065 by March 15, 2025, adding complexity but retaining the same tax benefits, such as deductions for depreciation and repairs.
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5 February 2025 | 8 replies
Although your message is from a while back, I'm happy to provide an update.
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22 January 2025 | 5 replies
This amount provides a reasonable safeguard against potential claims if something goes wrong, like an accident or damage to the property caused by the tenant.Â
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29 January 2025 | 10 replies
If I invested 100K today, they are currently providing anywhere from 60 to 72% passive tax deductions due to cost segregation, depreciation, etc.Â
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24 January 2025 | 0 replies
The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.
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4 February 2025 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
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27 January 2025 | 1 reply
Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.