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1 February 2025 | 23 replies
Tenants are often lat and new owner tend to get very nervous.
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18 January 2025 | 11 replies
Often, owners beat up PMCs for a low price, but fail to understand the PMC will often cut corners to make sure they are still profitable.
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3 February 2025 | 2 replies
A simple explanation might be that rents have increased to offset higher mortgage costs, but what about property owners who locked in rates below 4%—or even 3%?
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7 February 2025 | 0 replies
However, when contacting the principal’s home, his wife confirmed the passport photo was not his, and the birthdate was incorrect—despite the signature on state documents being authentic.Unauthorized Use of LLC: The actual owner, a 78-year-old retiree, was unaware that the LLC was still active and had never conducted any business under its name.
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6 February 2025 | 4 replies
Just an idea that I'm a little surprised more out of town owners haven't done..
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3 February 2025 | 4 replies
Maybe call those owners and see if they've had any issues?
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5 February 2025 | 4 replies
But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues.
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24 January 2025 | 42 replies
How does that work when you are not yet the legal owner of the property?
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24 January 2025 | 8 replies
It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price
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5 February 2025 | 2 replies
On a daily basis I get questions from investors/property owners about the rental rate for their rental property.