Dawn Johnson
Virginia Tenant claims month-to-month & moving out 11/8
11 October 2024 | 4 replies
My tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.I had a yearlong lease in place, and when it was up for renewal, I reached out by text “were you planning to renew your lease”, and she texted back “we love it here and want to renew the lease”.
Dawn Johnson
Virginia Tenant claims month-to-month & moving out 11/8
11 October 2024 | 2 replies
So my tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.
Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
13 October 2024 | 11 replies
The term "Lazy 1031" informally refers to using losses to offset gains but isn't an official replacement for a 1031 exchange.
Karl Denton
BPCON 2025 Location
9 October 2024 | 3 replies
BPCON 2025 will be in Las Vegas next year just announced at BPCON 2024
Sanjeev Advani
Costco's New Mixed-Use Development Tackles California’s Housing Crisis
11 October 2024 | 0 replies
Thrive Living, in partnership with city officials, is building 800 apartments above a Costco store.
Gavin Wynn
Taxes/ question for accounants
13 October 2024 | 7 replies
Hey Gavin, You don’t need to complete the separation by January 1st, 2025, to eventually write off the rental portion of your closing costs and other expenses, but you can only start deducting them once the rental portion of the property is officially "in service," meaning ready for tenants and actively marketed.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Your situation is still unfolding.While this recent official warning is not about your specific type of investment, any investment loss victim with potential for a legal action should consider it: https://www.ic3.gov/Media/Y2024/PSA240624.Thank you for trying to warn others with your post.
Kevin Breslin
Rent Control Law Inglewood California Availabe for Rent
10 October 2024 | 8 replies
I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."
Marina Ivlev
Building an ADU in Inglewood CA
9 October 2024 | 3 replies
Also, whats the current use of the property as I spoke to Inglewood planning officials to inquire about doing an ADU or additional unit on a R2 lot, with the existing use being a duplex, and they gave me a hard no to both.
Joshua Thang
Appraisal Report Bedroom Count is Different from Actual Number of Rooms
10 October 2024 | 14 replies
Include all your evidence and any relevant details about the property.Appraisal Process: If your request is approved, it might impact future appraisals positively, as the property will be officially recognized as a 3-bedroom.Risks: While there’s generally little risk in disputing the classification, it’s important to ensure that all changes are accurately documented.