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14 December 2024 | 6 replies
If a claim is filed and the property is owned through an LLC the individual members are less likely to be named in the complaint and that above all else keeps the members name out of the docket.
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12 December 2024 | 7 replies
Your profile mentions that you are an agent with rentals.You would want to see if you are able to claim real estate professional status.If you are able to claim real estate professional status, you can potentially offset the rental losses with your real estate agent income.Furthermore, TN does not have a state income tax allowing you to be more open with your options.Best of luck
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17 December 2024 | 16 replies
If the seller provided dishonest financials or tenant histories, that’s something to investigate further, as it could support a claim for misrepresentation.
15 December 2024 | 5 replies
However, I’m hesitant due to the risk of the chatbot going off script and potentially leading to discrimination claims.
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15 December 2024 | 7 replies
They have several other LLC's such as Home Partners that purchased properties at low prices and then quit claimed them to Guardian and then Guardian sold them to people who needed to 1031 exchange money into another property.
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30 December 2024 | 89 replies
These risks can happen to anybody no matter the type of investment they make like your investment house can blow up and insurance doesn't accept your claim, you could get hit by a bus, and boom no money, and so on.
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11 December 2024 | 2 replies
Mortgage interest deductions are typically claimed by the partnership on its tax return and passed to partners via K-1 forms.
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12 December 2024 | 2 replies
I've faced some large insurance claims in the past and a public adjuster may be helpful in maximizing your insurance payout.
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10 December 2024 | 10 replies
For example, a post may say:We have a deal in dallas texas, a complex apartment - 400 units Class A. huge cash flow.In the above example, we are not claiming we are the owner of the prop, we are not claiming to have a equitable interest in the deal.
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19 December 2024 | 50 replies
The damage claim was in excess of $800,000.