Patrick Shep
Land Value for Depreciation
22 October 2024 | 12 replies
A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Unless you enjoy being seen as an uniformed, nasty, rude, pompous ***, the only possible explanation is that you are so self absorbed that you have no issue with harming perfect strangers to make yourself feel important.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
This inconsistency in law highlights its complexity compared to the more uniform medical field.
Melissa Wongkamalasai
Sinking foundation, deal or no deal?
12 September 2024 | 4 replies
@Melissa WongkamalasaiDepends - is it uniform settlement across the home or differential settlement?
David Tran
Hero program is a scam and fraud
15 September 2024 | 22 replies
The signature are unnatural and uniform showing obvious implications of forgery and false representation of actual owners of the property.
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
11 September 2024 | 20 replies
It can be very accurate in areas with a lot of mostly uniform properties.
Garrett Brown
Mashvisor's 100 Best Cities For Airbnb list is released. Thoughts?
10 September 2024 | 14 replies
This data will have uniformed/new people buying terrible properties which could literally destroy them financially.
Noah Bacon
NAR Rule Changes in Full Effect
3 September 2024 | 2 replies
As long as the agent is performing the uniform duties listed in an exclusive right-to-buy listing contract (5.1.6.
Rajagopalarao Paidi
Any recommendation on forming out of state LLC or Home State LLC
26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.