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4 February 2025 | 38 replies
Explicitly tell them what you're paying for it so you can get the exact number.Also, we do a 25% property tax relief in SC under the ATI bill - so if you fill out that form, you will get a reduction for 5 years.Info below:ATI Real Property Tax ExemptionSouth Carolina law now allows a partial exemption from taxation of up to 25% of an “ATI fair market value” that is the result of anAssessable Transfer of Interest.
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4 January 2025 | 5 replies
Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.
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12 January 2025 | 7 replies
The reason is that one wants to be able to properly avail themselves to the laws and protection of the corresponding state where the property lies.
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13 January 2025 | 31 replies
What rentals are not subject to fair housing law?
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27 January 2025 | 8 replies
With my in-laws living in Augusta, I visit the area a few times a year, and it definitely seems like there’s some potential in the market.
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2 January 2025 | 18 replies
@Matt WeddonLegally, you’re covered as long as you stick to objective, non-discriminatory reasons for rejecting someone (things like personality or ‘vibes’ don’t cut it in Fair Housing law).
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16 January 2025 | 23 replies
.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.
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17 January 2025 | 3 replies
Also, ensure you're compliant with New York's security deposit laws, which cap deposits at one month's rent.
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2 February 2025 | 9 replies
Like @Michael Baum said check on the laws first.
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27 January 2025 | 6 replies
Also, make sure you know what the local laws are.