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26 April 2024 | 52 replies
The absence of permits can speed up the completion process and reduce the cost of permitting procedures.
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23 April 2024 | 6 replies
Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that
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25 April 2024 | 82 replies
As we discussed, the next procedural steps would be to get a pre-approval from one of our recommended lenders, then we can work together to identify some specific properties that fit your investment criteria and get you started!
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22 April 2024 | 0 replies
The process included one eviction, a procedure RCA is well versed in, taking roughly 2.5 months in Connecticut.The value-add process resulted in a ~60% increase in NOI from ~$74K at purchase to ~$118K on a run-rate basis after 7 months.
25 April 2024 | 60 replies
If there is no answer after this, it may be worth contacting a lawyer or real estate professional to find out about the legal procedures for raising rent in your area.
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22 April 2024 | 11 replies
How long does it usually take to complete all procedures with the first mortgage holder after buying the second mortgage to pay off the first mortgage?
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20 April 2024 | 2 replies
This process varies by jurisdiction, so you'll need to research the specific procedures in Franklin County.
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18 April 2024 | 28 replies
Simplifying the processes, laws and regulations into a few basic scenarios when in reality each state has a wildly different set of rules, laws and procedures and each county and often municipality has their unique set of procedures within the state3.
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18 April 2024 | 0 replies
If this is so I am curious about how that’s not a form of power of attorney surrendering all actions of the procedure to the courts favor and not in the favor of the homeowner?
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16 April 2024 | 9 replies
Hello All,I am planning to list my property in NC for rent. I have screened tenants in the past, but it has been 8+ years ago. Looking for recommendation for how to screen the tenants and what services I can use? H...