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3 October 2024 | 29 replies
It's encouraging and a bit discouraging but I think that is the nature of the business.
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30 September 2024 | 8 replies
Since you can't escape CA LLC registration, if the property is based here, and if you are a resident here, may make sense just to form a CA LLC and simplify your life and your costs.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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27 September 2024 | 2 replies
Good day everyone,I am very interested in buying land to build a cabin(or a few for vactional renting ) as the summer getaway, must be closer to nature and quite close/to a good small town.
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27 September 2024 | 14 replies
Single boiler serving a duplex- landlord paid water / natural gas because there's no way to split it accurately.
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30 September 2024 | 21 replies
In our case we all ALREADY had all of our retirement savings in IRAs and 401Ks, so it seemed natural.
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27 September 2024 | 2 replies
If the real property is in CA, you're definitely doing business in CA.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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26 September 2024 | 3 replies
No - "DSCR Loans" are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)
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26 September 2024 | 14 replies
That being said there are also areas in Suburbs I would avoid like Norristown and Pottstown due to their nature (class C or lower).
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25 September 2024 | 4 replies
I would not due business again due to the nature of the financing terms and the home quality.
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27 September 2024 | 9 replies
For the insurance deductible on the claim, it depends on the nature of the claim: if it’s for a repair, it’s deductible this year; if it’s an improvement, it needs to be capitalized.