Michael Izbotsky
Quit Claim into SMLLC - Need to be Married SMLLC? (Community Property State)
3 December 2024 | 6 replies
For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC.
Julio Gonzalez
Opportunity Zone FAQs
2 December 2024 | 11 replies
@Jon Fletcher There are basically two potential options. 1) Amend the tax return in the year of purchase and prove you used capital gains to purchase the property and 2) Sell the property to an OZF, follow the 20% related party rule and then the structure of the sale of the property to be able to reinvest the gains.
Paul Kang
Pace Morby Subto and Gator Review
2 December 2024 | 8 replies
licenseI...It's one thing to have your contractor's license revoked for 7 legal actions, it's even worse when you don't make amends when you clearly can.
Becky Hoffman
Question about my LLC
26 November 2024 | 7 replies
Hey Becky,When you sell the property, the LLC will still technically own the property until it is formally restructured, so you will need to amend the LLC’s operating agreement and update its ownership structure to reflect the change, ensuring the absent partner’s interests are properly dissolved, and taxes are handled accordingly.
Herrison Sitorus
Amend rent registration
13 November 2024 | 2 replies
I see DHCR allows for amendments for previous years but curious if anyone's been successful doing so and how far back can one go?
Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
Notable changes in 2024 for Virginia:- Amendments made to the Virginia Residential Landlord and Tenant Act relating to restrictions on fees charged to tenants.- Enhanced Tenant Rights and Responsibilities Statement.
Tessa Tsui
ESG and Service Pets
23 November 2024 | 5 replies
Under the Fair Housing Amendments Act of 1988, ESA's are a subset of service animal for the purposes of residential real estate.
Aditi Chaudhuri
Temple University Student Rental
25 November 2024 | 13 replies
Amended, Bill No. 120774-A (approved January 14, 2013).
Sheena Varghese
Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
Now, if she did that in a prior year, you technically would have paid less taxes than you should have and will likely need to amend your return.
Margharita Silva
Amending a one year lease to a two year lease
10 November 2024 | 4 replies
I am a bit uncomfortable with it (the tenant is good so far will be his 3rd yr this year but you never know) but thought it can work if I can offer to release him in a year if he chooses.How do I amend the lease?