Trey McGovern
Can you rent your house to yourself? Let me explain.....
22 May 2023 | 55 replies
During those 6 months, we could write off 100% of improvements (we pointed and painted the brick, etc).So my opinion is if money isn't an issue, and you don't need financing (or the difference in financing options is negligible), definitely rent to yourself, so you can take any improvements as expenses.And yes, at least in the state of Montana, it is legal to rent to yourself (but I'm not an attorney!)
Myles Daniel
Lima One Capital Hard Money Lender...stay away!
11 September 2023 | 67 replies
I took them to court where I won with the judge saying “their bookkeeping practices are negligent at best and their attitude about it appalling”.They of course are now appealing and continue to try to bully me away.
John Powell
Insurance
14 December 2016 | 4 replies
Not sure if anyone has insurance that covers tenant negligence as well as vandalism.
Dean Suzuki
Looking for Advice: A High Speed Chase ended up in my rental
11 February 2016 | 8 replies
In some states, the parents of the minor are only liable if they are gross negligent, i.e.
Kevin Lefeuvre
What will be the impact of the Coronavirus crisis on real estate?
10 November 2021 | 686 replies
The real-estate market will be negligibly affected, in the states that are most reactive to this scare, while other states that are more measured and objective in handling it, will experience no negative impact at all, rather they might experience a positive impact from the fed lowering of interest rate.
Colley Bailey
RedX vs LandVoice vs ArchAgent
22 March 2022 | 50 replies
Their sales director, Tyler Fenn, and their chief executive Mark, for whom this outfit refuses to provide a last name, are negligent and contemptuous in the extreme.
Anirudh G.
Investing through LLC or individual ?
23 September 2013 | 7 replies
If you take care of your properties and are properly insured you won't need the protection of an LLC, however, if you have an LLC and are negligent, a good attorney will be able to "pierce" the LLC and go after you personally anyway.I spread my properties out because I have different goals with each of the separate businesses and I want some privacy.
Richard Hadley
Infinite Banking Concept
14 December 2022 | 79 replies
The up front cost is would be negligible if I was already super rich anyway.
Andrew J.
Buying from the City of Milwaukee - One investors experience
14 August 2014 | 16 replies
So, by the time the clown caused MAJOR damage to the building through total negligence, he had ZERO coverage!
Matt Crow
Need hand on a potential deal
18 September 2015 | 25 replies
The numbers you've presented don't paint a very attractive picture, and if any of these other issues factor in, your profit would end up being negligible.