Vince M.
Agent not familiar with a double close
18 May 2010 | 19 replies
You want to make sure they understand that you will be doing two seperate distinct transactions and will be cloing with your funds, or borrowed funds, on the A-B deal.
Christopher L.
Eviction or ejection
7 June 2013 | 7 replies
Perhaps NY has some similar distinctions between the two - but I can't say with any certainty.
Chris Johnson
Selling our rehab business as a going concern
13 November 2012 | 20 replies
I buy businesses for their distinct product lines, intellectual property and their capital assets - typically at .25 cents on the dollar or lower book value.
Burt L.
My Buyers Each Wanted This Three-plex, Until it Became Apparent It Was Only a Legal Duplex!
6 January 2015 | 14 replies
Ibrahim S - Until now I did not recognize the distinction between a legal use vs. a use by zoning.
James Wise
Short Term Rentals (like Airbnb) have been BANNED!
8 June 2018 | 144 replies
Whether you consider that action to be criminal misconduct or bold innovation is an academic and ultimately irrelevant distinction.
Richelle Hatch
401k
17 February 2017 | 24 replies
See following IRS page (https://www.irs.gov/retirement-plans/plan-sponsor/401-k-resource-guide-plan-sponsors-starting-up-your-plan)However, the distinction is that the solo 401k trustee may not receive compensation for performing such managerial/trustee functions.
Matt Smith
Regulations for Napa
8 June 2020 | 7 replies
Both the city of Napa and Napa County has hired a 3rd party company and scours the internet, does research, and probably makes fake bookings to find offenders and then report them to city/county officials. https://hostcompliance.com/Napa Valley holds the distinction of being the only location in the United States that has actually arrested and imprisoned an operator of a non-permitted short term rental.
Bradley Bartlett Jr
Tenant asking if I am landlord?
10 March 2022 | 5 replies
If she's concerned it looks like a personal payment and not rent, then use landlord software so it's distinctly marked as 'rent' from a 3rd party.
Edward Adams
Roof Replacement Depreciation
15 October 2023 | 13 replies
You do not need to depreciate it.This amount falls under the safe harbor methods of 1.263-1.It is a frequent mistake to combine a casualty loss and repairing the damage into a single event and look at the net out of pocket cost.They are, however, two distinct events, treated separately for tax purposes.The basis of the new roof is $18,000, not $1,500.
Dan Mackin
Effective Rent By The Room Strategies
10 April 2021 | 40 replies
Roy, Noted on the distinction between the rental period and the duration of the tenancy.