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15 March 2017 | 8 replies
It's nearly impossible to reform a resident.
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16 July 2015 | 7 replies
And yes our debt to GDP ratio is smaller then Greece but it's headed that way with no serious talk of reform by either party.
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7 December 2016 | 81 replies
I think it is a dilemma - so, he is a caught sex offender and therfore known - we know there are many many more who havent been caught so you are ahead of the game - I believe in giving second chances but - it costs, and sometimes those costs are not worth it.do the numbers and this deal may not be worth it - reputation risk is real and very hard to quantify. also go thru the scenarios of the worst happening and figure out what you would need to do in each case - what it would cost personally and financially/find out what kind of insurance would cost to cover any eventuality - wherever he goes, if you believe he cannot be reformed there is risk, if you believe something will happen then you are really only concerned about where it will happen - on your property - so mainly you are concerned about getting rid of that risk for you. that is why you need to do your cost analysis, it is nothing about morals or anything else fuzzy - it is your financial risk.
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6 July 2015 | 0 replies
The HOA Manager licensing law goes into effect July 1.Expect little reform for HOA home owners.Property managers (PM) will be greeted with new fees, higher operating costs, and costly licensing requirements.This Law illustrates what happens when the industry trade group for PMs (Community Association Institute (CAI)) writes the law and uses it to promote its’ financial interests.
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24 July 2015 | 8 replies
regulation-a-plus-reform-rules/cae
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11 June 2015 | 8 replies
The one downside is no doorside parking, however the city put in a new parking garage literally steps across the street so parking would not be an issue.The building I've been investigating is 11 stories, has 4 or 5 owners not paying their share of electric, maintenance fees etc, and all floors have different owners except one owner owns 2 floors which happen to be for sale -- I've noticed the owner (of the 2 floors for sale) recently had posts up trying to lease the office space - (crappy ad) and I've also noticed he tried to auction the floors (sale didnt go through) and he's also had liens filed on him by the condo association for not paying his share of the bills.My thought was to find an outside investor or do this myself (floors could be had cheap) build an alliance with the floor owners who are paying their share and wrestle control from the non conforming owners, then reform the structure of the ownership of the building where it could be sold in whole again, hence creating value.I'm very familiar with the building and know my city backwards and forwards, connections etc - think this building has had some horrendous marketing done for the office space, (no website, brokers in town not wanting to steer clients to this building etc) I definitely think this place could be turned around and once you pay the specials off (about $39k per floor) rents of $7-9 a sq ft (full service) would cash flow nicely - not to mention the upside one has if partnering with the other owners and changing the ownership structure.Maintenance wise I believe one big complaint is the elevators (2 of them plus a freight elevator I believe) -- One sounds like it needs serious work.
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15 December 2017 | 203 replies
She also made a promise: if Springfield approves our pension reform plan, she will reassess and reduce the sales tax increase accordingly.
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15 May 2019 | 0 replies
Tax reform has increased interest and taxes as well as capping the mortgage deduction related to buying property.2.
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16 May 2019 | 0 replies
Also with the potential passing of the Property Tax Reform and Relief Act of 2019, authored by Bettencourt (R-Houston) this could be less of a concern.
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27 May 2019 | 3 replies
One other important thing to note is that the more money you add to the upleg (including financed money) will be added to your basis.The 1031 not applying to "1245 (personal property)" is not as clear cut as Scott put it.The recent tax reform, ruled that 1031 exchanges can apply only to real property, to exclude personal property.