Mark Thiel
LLC vs umbrella policy for long term rental
14 December 2024 | 3 replies
LLCs require additional filing fees and tax returns and just complicate things.
Janet Runes
Time to Sell? Swansea SFH
6 December 2024 | 9 replies
If they decide to move out you can do the remodel. 3) are the tenants in any kind of financial situation to buy the property?
Gary Hardin
7 units on three city lots
8 December 2024 | 1 reply
I worked them, remodeled them and made very little money and eventually sold them for little to no profit.
Margaret Lewis
Tax Deeds in Texas
17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
Joseph Chacko vellukunnel
Rookie investor exploring a multi family in jersey city heights
17 December 2024 | 8 replies
I am thinking of doing some remodelling inside, moving around a few walls, opening up the kitchen.
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
Proc. 2018-58, 2018-50 IRB 990 (Dec. 10, 2018), that are due to be performed on or after Oct. 5, 2024, and before May 1, 2025, are granted additional time to file through May 1, 2025." the 45 day identification deadline is extended because Rev.
Angela Harding
Guardian Fund LLC Bankruptcy
15 December 2024 | 7 replies
From my understanding they filed for Chapter 11, that would protect them from any creditor action, any foreclosure, etc.
Dave DeMarinis
Stessa and Buildium for Accounting and Prop Mgmt
14 December 2024 | 13 replies
Can you generate a report in Buildium to download a CSV file to upload transactions to Stessa via the Stessa CSC uploader?
Jeremy Torres
Buying a quadplex
13 December 2024 | 9 replies
Do they intend to stay there or are you going to get hit with remodelling expenses?
Katie Lyon
Collections or Small Claims Court?
9 December 2024 | 4 replies
You may be able to get a levy against their bank account or file a wage garnishment without the need for going to collections.