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.

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? 

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.

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.

Under the Fair Housing Amendments Act of 1988, ESA's are a subset of service animal for the purposes of residential real estate.

 Amended, Bill No. 120774-A (approved January 14, 2013). 

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.

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?

I've noticed many investors initially write their contracts under an LLC, only to later amend the contract to their personal name to secure better financing options.

I fully support the second amendment, but I would never open carry.