Hoai Nguyen
Buying a tenant occupied flip
3 January 2025 | 2 replies
I also got a written and signed agreement from tenant that is notarized for him to vacate on or before 2 weeks deadline after closing.
Kolby Knickerbocker
Rookie Investor; Happy to be Here
9 January 2025 | 16 replies
Still tight but possible to find some good cashflow.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
I provided all info by the deadline I was given.
Robert Frazier
Your LLC could cost you $500 per day if you don't comply with new FINCEN reg by Jan 1
1 January 2025 | 4 replies
Yep: https://www.fincen.gov/boiIf your deadline was January 1, 2025, it’s now January 13, 2025.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Before the day ended, FinCEN released a public statement regarding the Fifth Circuit's ruling, announcing an extension of certain reporting deadlines to allow more time for compliance.
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
So, if deadline not met, we will send our people to handle.4) Vacant properties are easier to deal with, but we still require:- Owner must sign a Hold Harmless to indemnify us against any potential lawsuits relating to the work their contractor is doing and add us to contractor's insurance.--- Another lawsuit from a prospective tenant that slipped during a showing and when they grabbed the handrail, installed by owner's contractor, it collapsed and person injured.- Since we're not really in full control of the property, the Hold Harmless also indemnifies us against anything that goes missing at the property and squatters.We get asked/told to do all kinds of crazy stuff by owners, who either don't care what happens to us or haven't really thought everything through.Hope this addresses your question.
Alan Mills
Seeking Strategies to scale up
21 January 2025 | 5 replies
This keeps them motivated.Clear Contracts: Make sure your contracts have deadlines and penalties for delays.Regular Check-Ins: Visit the site often to catch issues early and keep things on track.Scaling UpMultiple Contractors: Work with more than one contractor to avoid delays.
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
It takes the pressure off as deadlines approach and gives you room to solve unexpected issues.