
27 November 2024 | 6 replies
New Jersey law requires that security deposit be refunded to the tenant via check delivered in person or as a certified mail.Is it ok to instead refund security deposit via say Zelle?
26 November 2024 | 7 replies
Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit.

26 November 2024 | 25 replies
Some places like Illinois for example require individuals to be licensed with the state in order to wholesale more than 1 deal per year.

25 November 2024 | 12 replies
Separate checking accounts not required, but you need to maintain separate books and records.The TREC requirement is correct, but odds of enforcement seem low.

26 November 2024 | 6 replies
The hard money lender that require appraisal usually do that, and in my experience the appraisers are a bit more cautious in those scenarios.

27 November 2024 | 2 replies
Permitting for additional bedrooms and garage conversions requires compliance with zoning and building codes.

27 November 2024 | 10 replies
Dishwasher may not be a requirement but it certainly makes things easier for your guests and especially your cleaners.

26 November 2024 | 3 replies
Gifting the property to your son transfers your basis ($265K) to him, allowing him to sell at his lower tax rate (0%-12%), but requires using part of your lifetime gift tax exclusion.

26 November 2024 | 44 replies
The rub is, just because it's "simple" does not mean work is not required......

28 November 2024 | 9 replies
While it can be beneficial for spreading tax liability and estate planning, DSTs are complex, costly, and subject to IRS scrutiny, requiring precise implementation.