Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
The more challenging stipulation is you would need to use it more than 50% of the time for business use (and you need to log the miles to document that).
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
Courtney Hamilton
fix and flip assessment
29 December 2024 | 2 replies
This is an area where members can share spreadsheets, forms, documents, pictures, and more.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
If they choose to dig in and fight, I watch them like a hawk and document every infraction until I have enough to get rid of them.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
- We've got an owner we're about ready to terminate because we email them information that they refuses to read and always wants us to call them and spend hours talking about it.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
You just need basic documentation, such as the NIF (Tax Identification Number) of your company if it’s already registered, and they usually take care of the rest.I recommend, Jesús, that before signing up for a virtual office, you first establish your company (SL) and officially register it.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
Of course emails and phone calls are going unanswered.
Meliisa Lee
Advice on Managing Rental Properties Post-Divorce
30 December 2024 | 3 replies
If neither wants to sell you may consider putting everything into a jointly owned LLC with governing documents spelling all of this out.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
There are so many landlords that never update their lease or other documents.