31 January 2022 | 11 replies
The tenant cannot unreasonably withhold allowing the landlord to show prospective buyers!
15 June 2024 | 87 replies
What is unethical ( and possibly illegal) is making the seller withhold material information from his bank so that you can profit in violation of his contract obligation to so inform his mortgagee under the implied covenant of good faith and fair dealing.
29 April 2021 | 12 replies
@Linda HastingsI agree, there is certainly a lot of speculation, but potential returns, over time even with holdings costs, can beat the stock market and perhaps even private lending.
7 September 2015 | 2 replies
Also it's a pain in the butt all kinds of special back-up withholding rules and extra reporting requirements.
11 June 2018 | 20 replies
Sellers do it mainly for these reasons.1. they are upside down 2. they are in foreclosure and credit is already thrashed.3. slick talking buyer who withholds info.most if they talk to an attorney or some advisor that person will tell them not to do it.. best to just sell and get mortgage out of their name.But if the buyer is substantial enough and can prove it there are some ways that are semi safe to set this up.. but bottom line Seller has deeded away their interest and if their buyer goes sideways its a freaking mess for them..
16 September 2024 | 5 replies
You don't know the law, you don't know how to handle difficult tenants, and you aren't local to work on it.This is what Ohio law says: “The tenant shall not unreasonably withhold consent for the landlord to enter into the dwelling unit in order to inspect the premises, make ordinary, necessary, or agreed repairs, decorations, alterations, or improvements, deliver parcels that are too large for the tenant’s mail facilities, supply necessary or agreed services, or exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.”I would give the tenant a short, direct warning that they have 72 hours to coordinate with the vendor and set a schedule for repairs.
10 September 2024 | 4 replies
My question is, why would you withhold any information from the person you now have to sign an agreement with to help you find a property?
11 April 2018 | 2 replies
Can I just submit a 4th quarter 941 showing my salary and pay the necessary withholdings through the voucher?
7 January 2022 | 6 replies
Account ClosedThere are added complications when there are foreigners wanting to invest in the US.Do they need an ITIN.Will the entity you have setup in the US be taxed differently for them in their countryIs there a Tax treaty between the US and their countryWill the income be considered ECI(effectively connected income) or FDAP(Fixed Determinable Annual Periodic)Will there if FIRPTA tax considerations on the saleWill there be withholding requirements on an annual basis on their incomeWill the foreigners be required to file a US tax return
18 November 2019 | 0 replies
The exemption explicitly states “leasing” rather than “licensing”; this distinction is important for lodging such as short term rentals, which are required to pay this tax even if you own three or fewer units.NM Compensating Tax - I believe I fall under the same exemption as the Gross Receipts tax exemption, so I think I'm exemptNM Wage Withholding Tax - I do not have any employees, so I think I’m exemptNM Worker's Compensation Tax - I do not have any employees, so I think I'm exemptNM Corporate Income and Franchise Tax - I do not have a corporation, so I think I'm exemptBernalillo Property Tax - I need to pay this taxBernalillo Business Personal Property Tax - my rentals are residential, rather than commercial, so I believe I’m exemptABQ Hospitality Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptABQ Lodger’s Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptAm I forgetting other taxes?