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9 September 2024 | 7 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.
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10 September 2024 | 34 replies
This requirement can vary by state and locality, but failure to disclose can lead to legal consequences, including potential lawsuits for misrepresentation or concealment of pertinent facts.
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20 September 2024 | 73 replies
For most people a house is the biggest investment and emotional purchase of their lives.The best brokers are experts in a particular micro-market and that knowledge is valuable.One issue with lawyers is they are more skilled in protecting clients from negative consequences than with making deals happen, so their skill set is aligned but not the same.
6 September 2024 | 1 reply
Any insight into the tax consequences of this transfer?
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9 September 2024 | 22 replies
Careful regulation and oversight are needed to ensure that such programs truly benefit those they aim to help without unintended negative consequences.
2 September 2024 | 8 replies
Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!
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1 September 2024 | 2 replies
Consequently, the house could not be made ready for the new tenants and after a big scramble, we managed to save the new tenants but lost 3 weeks of rent.
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1 September 2024 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
1 September 2024 | 3 replies
@James MacBean have the discussion with tenant explaining consequences of an eviction to the tenant.
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27 August 2024 | 7 replies
But how do I access the funds or profit of LLC for personals use without "commingle business and personal funds" and what the tax consequence is?