Omar Alvayero
I need some legal binding forms
7 March 2016 | 6 replies
RL's forms are state specific and can be modified after you receive the attorneys tweaks.
Hussain Harun
Is the landlord right or tenant right? Notice to leave in WI
28 March 2016 | 16 replies
To start, 704.19(3) establishes the 28-day notice requirement, but 704.19(2)(a) allows you to modify it by meeting certain conditions. 704.19(2)(a) states, "A periodic tenancy...can be terminated...only by giving to the other party written notice complying with this section, unless any of the following conditions are met: 1.
Cynthia Miller
Locking out a tenant in Detroit
30 November 2019 | 28 replies
I would strongly recommend that you not do a "self help" eviction by locking them out...And you need to seriously modify your screening process as that's the source of these problems.
Clint G.
Create rental listing before closing on property??
27 May 2020 | 24 replies
However I have to modify the copy even further to indicate the complete renovation under way.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
10 December 2023 | 50 replies
However, if your modified adjusted gross income (MAGI) is above a certain threshold, you may not be able to deduct the full passive loss in the current year.It's crucial to work closely with a tax professional who can analyze your specific financial situation, taking into account all income sources, deductions, and tax implications.
Account Closed
Is it smart to drop out of college and invest in rental property
15 October 2020 | 28 replies
I just posted this on a similar post, but will modify it for your specific situation:Allow me to be a counter-narrative.
Justin Brin
What percentage is the structure worth vs land for depreciation?
4 December 2023 | 19 replies
This study involves identifying and reclassifying personal property assets to shorten the depreciation time for taxation purposes, which can increase depreciation deductions.Local Assessments: The property tax bill may provide a general indication of the value allocated to land and improvements, but it may not necessarily align with IRS guidelines for depreciation.It's important to note that for tax purposes, the IRS requires you to use the Modified Accelerated Cost Recovery System (MACRS) for depreciating residential and commercial rental property.
Account Closed
Ask me questions on Real Estate Tax Strategy or Investing
6 November 2023 | 27 replies
If the borrower is facing financial hardship or other circumstances that have led to the default, include this information.Loan Value: Clearly state the original loan amount, the new modified loan amount, and the difference between the two.
Shay Reynolds
Austin- Outside The Box
8 January 2017 | 6 replies
I am now ready to sell.I bought the property to be able to place a small house in the back after the local ADU laws were modified yet can't afford to complete the dream.
Rich Weese
REDC foreclosure auction follow-up
25 August 2010 | 19 replies
Rich, yes I meant auction.There must be one coming up, because the MLS description on a house I am interested in just got modified to say it's going to auction.