Jeremy Anan
Need Advice: Suspected Identity Fraud in Rental Application
6 April 2024 | 6 replies
To comply, we asked the husband to complete the rental application and submit the required documents, including ID, SSN, and bank statements.
Matthew Slaughter
Tenant Has Not/Will Not Sign Lease
6 April 2024 | 15 replies
It's time to get it back.Any time I need something from a tenant, I set a deadline for their response and a consequence/penalty if they fail to comply.
Erik R Aho
Looking to get into REI, starting with $140,000.
9 April 2024 | 67 replies
Collaborate with local real estate agents, property managers, and contractors to locate appropriate properties, evaluate potential deals, oversee investments from afar, and comply with local regulations.It's important to establish criteria such as budget, desired cash flow, return on investment goals, risk tolerance, property preferences, location preferences, and approach to property management.
Nate T.
lease for Arizona group home
5 April 2024 | 22 replies
Depending on the type of "group home" (drug/alcohol rehab, handicapped, mental illness, elderly, etc.) you have other laws to make sure you comply with, and great point by David D Painter re insurance.
Vip Anand
Rental losses for accidental owner
5 April 2024 | 8 replies
However, it's crucial to comply with IRS rules and limitations regarding passive activity losses, which can affect your ability to deduct rental losses against other income.
Lorraine Martin
Landlord rights with property management
3 April 2024 | 17 replies
If it's HOA/Condo vehicle requirements you're worried about, it's usually already in a standard lease that they follow those; otherwise, they'd probably expect tenant to comply with city codes unless there's a viable reason an owner wants something more strict.
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
3 April 2024 | 8 replies
It typically takes the IRS up to 90 days to process requests for refunds or exemptions using Form 8288-B.Buyers, closing agents, and Qualified Intermediaries such as Accruit are required to comply with FIRPTA withholdings.
Emma Hustis
Best Brokerage for Wholesaling Real Estate Agent?
2 April 2024 | 2 replies
If you are using their contracts, I could see how they can ask you to comply, but you should hire an attorney to draft your own agreements and simply disclose to all parties that you are licensed but acting as a principal.
John Weiss
Indemnification Clause in PM Agreement
5 April 2024 | 43 replies
@Greg Martin the PMC is the one usually in charge of advertising, etc.Even if they comply with all laws, people will file lawsuits.Owners do NOT pay PMC's enough to assume all this liability.
J Scott
Controlling Your Appraisals
3 April 2024 | 83 replies
If the Seller would like a valuation service performed, then an Appraiser would be happy to comply with the Seller's request for an agreed upon fee.2.