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20 December 2024 | 27 replies
With permit, benefits are 1) get depreciation and other tax write off benefits since it’s a permitted investment purpose ADU, 2) probably better for resell value, 3) have a separate address and don’t have to bother sorting out mails for our legal tenant, etc. without permit; benefits are 1) no hassle to get the permit, 2) no permit fees, 3) no tax on rental income (as it is more like a “roommate”)Has anyone gone through a similar situation before?
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15 December 2024 | 2 replies
I would strongly recommend spending the money to meet with an attorney for an hour before you put anything in writing to your tenant.Good Luck!
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14 December 2024 | 2 replies
Always formalize the agreement in writing to define costs, profits, and contingencies clearly.Let me know if you need help structuring the deal or exploring funding options.Best,Drago
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14 December 2024 | 12 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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11 December 2024 | 6 replies
Taste and style changes more frequently in these areas, so they feel dated faster.
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14 December 2024 | 101 replies
They even showed us a TED Talk video and asked us to write down "Before I die, I will..."
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14 December 2024 | 2 replies
I had to write 18 checks and fill out 18 single page forms (local government efficiency at its finest) yesterday to catch up.
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16 December 2024 | 3 replies
Ask the seller's agent to put their counter offer in writing.
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20 December 2024 | 10 replies
Not having kids, the property served as a write off as i had moved into an apartment in Phoenix. 18 months after moving to Phoenix i purchased a single family home in which to live in Scottsdale, AZ.