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20 February 2025 | 2 replies
I've had to file the claim for the property and I hope it isn't too big of a deal because stuff happens that is out of my control.
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21 February 2025 | 4 replies
@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.
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11 February 2025 | 4 replies
Losing control of the process matters.
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24 February 2025 | 1 reply
If the condition is similar to the market average but your rent is severely under market rate then I take an average between the current rent and the market rent and send them the following message 2 months before their lease is up (assuming you aren't in a rent control market),Dear Tenant,Some nice words and remind them that their lease is up within 2 months, please select the following options about their new lease, also mention that you are doing the best you can to maintain the rent as low as possible but with inflation, insurance and property taxes increasing, you have to raise the rent to keep up with the rising expenses. 1.
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17 February 2025 | 9 replies
The way I countered this (still not as good as buying a note with idle cash but I have checkbook control) is the money paid out from a note fund I invested in is at Axos bank.
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25 February 2025 | 9 replies
As a rule, I could argue to have the IRA (Roth preferred) NOT hold property, but control is with options, leases, etc, so the profits come into the IRA.
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11 February 2025 | 21 replies
It’s a short dead end road so I have this notion to own the whole street and control the look and quality of the neighborhood .
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23 February 2025 | 2 replies
Here there is no high maintenance cost for repairing homes, but your lose some control over the quality of the tenants.
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4 February 2025 | 5 replies
Nore the rent control bullet is CA specific and I do not know how ADUs affect rent control in other jurisdictions.