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27 June 2024 | 1 reply
I handled the planning departments.
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28 June 2024 | 5 replies
We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.
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26 June 2024 | 2 replies
The local building department wants the replacement stairs to have a 1-hr fire rating due to the proximity to the neighboring property.
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27 June 2024 | 5 replies
I even called Arizona Department of Revenue and they said I need to.
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26 June 2024 | 5 replies
Most likely you need to speak with the planning department and they'll tell you if it's allowed.
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27 June 2024 | 4 replies
The housing department in your state likely has the disclosure form on their website.
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26 June 2024 | 3 replies
Here are some steps and considerations for ensuring your LLCs are compliant from a legal perspective:For Your SDIRA LLCs in Florida:LLC Registration: You have filed the foreign LLCs with the State of Florida, which is essential.FINCEN Registration: Registering with FINCEN (Financial Crimes Enforcement Network) was a necessary step for compliance with the Corporate Transparency Act.Ongoing Compliance:Annual Reports: Ensure you file annual reports for your LLCs with the Florida Department of State.State Taxes: Check if there are any state-specific taxes or fees you need to pay for the LLCs.For Your Non-Retirement LLC in Nevada Buying Property in Michigan:LLC Registration:Foreign LLC Filing: Once the purchase is finalized, file your LLC as a foreign entity in Michigan.FINCEN Registration:Corporate Transparency Act: As of 2021, the Corporate Transparency Act requires LLCs and other entities to register with FINCEN.
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26 June 2024 | 32 replies
Solid income, and pay increases, often offset "stupid mortgage rules," like the 75% thing that everyone knows is too conservative, or letting departing residence rental income offset that mortgage payment but only that mortgage payment (you can't "use" the "change" anywhere else).
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26 June 2024 | 11 replies
It was not as streamlined as now and the building department people were kind of skeptical and not helpful (surprise).
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26 June 2024 | 9 replies
My hope is that building departments will act quicker in issuing permits, as this change will increase their workload.