Leslie McIntosh
HELOC recommendation - I need a lender with a fair assessment
17 November 2020 | 7 replies
There are many less experienced appraisers out there, but the appraisal apprenticing process is doubtless the most stringent in the real estate process, so I wouldn't throw any more $ at it trying pull a different slot machine lever, but rather I'd interact with the appraiser and if that doesn't work, you can speak with the lender and share with them why you think the appraiser's report is un-reliable or fails to affect reality.I hope that is useful guidance, Les :)
Ray Alvarez
Finding renters in San Diego
25 November 2020 | 6 replies
I feel there are many people heavily impacted by Covid and showing the units to one perspective tenant at a time is rather minor, but I do wish, seeing that each time slot is assigned to a particular tenant, it would be nice if they all showed up at their assigned viewing time.
Jessica Beard
Which state should I create my LLC in?
3 December 2020 | 13 replies
This question is more complex than any answers you will get from a web forum.Regardless of which state the LLC is setup in, you will have filing obligations in any state you actually create business nexus in.
Gregory J Guiltner
The Murder-Suicide House
4 December 2020 | 5 replies
There was a fishing rod in every slot and hooks and lures.
Annie Shao
How to start investigating markets for 1031
13 December 2020 | 10 replies
I have to purchase 1 more property, but I only have 2 slots left on my list.
Leon Lee
Strategy on using 1031 exchange to buy a small MF
15 December 2020 | 11 replies
I don't have four residential loan slots left.
Blake Conway
refinancing more than 4 rental properties
16 December 2020 | 1 reply
You can have 10 conventional mortgages in your name, a spouse can have 10 in their name. 20 mortgage slots available for a married couple.
Howard Rubin
How to get tenants to pay online? (Especially at a large complex)
20 December 2020 | 3 replies
I am in the process of considering property management software and wanting to hear from others how they got a good majority of their tenants to switch to paying rent online instead of writing checks.As we have rental offices at our properties, most tenants just drop off handwritten checks there (we even have a mail-slot for after hours), so there isn't that much work involved.
Brad Gabriel
What makes a deal immoral and/or unethical?
19 December 2020 | 2 replies
Just can't find the nexus.
Tess L.
Accounting Help! Transferring properties between my companies
8 November 2020 | 3 replies
But -- there may be structural planning opportunity there if they are C Corps.At a high level, you're creating a lot of nexus and potential filing obligations by buying each new property in a new US state.Your situation is complicated enough to warrant long-term, professional advisors.You'll need to consider not only your US income tax exposure and obligations, along with which tax elections and tax entity structuring is most favorable, but also your US estate tax exposure and your tax obligations in your resident country relating to the US situs assets and income.