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25 January 2025 | 13 replies
For a little background - I have been taking a big loss on this property for the last year for reasons out of the control of my property managers.What would you do in this situation?
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8 February 2025 | 49 replies
Flipping remotely is even a worse idea - you have no control over the scene and will likely be exploited because of it.
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12 January 2025 | 7 replies
@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.
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13 January 2025 | 8 replies
I wouldn’t go there myself… you lose a lot of control, your house will see a lot more traffic / damage.
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26 January 2025 | 19 replies
Thanks For Texting check out Launch Control, Lead Sherpa, REI Reply, ROOR or Textedly - Just depends on volume and sophistication you need.
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16 January 2025 | 12 replies
You have no control over this.
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21 January 2025 | 7 replies
One thing that hasn't been brought up is if you put a property in an LLC, it MAY be subject to California Rent Control, even if it is a single family home.
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14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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27 January 2025 | 9 replies
If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.
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3 February 2025 | 37 replies
There is always a transition period where selling owner stays on and over time new owner transitions into full control.