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23 December 2024 | 3 replies
I'll take any and all advice any of you have, but the two things I'm looking for specifically are: what sites, services, and/or software you use and recommend for sceening and managing tenants?
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27 December 2024 | 6 replies
—namely, Isaac Winkles, reporting companies for which Isaac Winkles is the beneficial owner or applicant, the National Small Business Association, and members of the National Small Business Association (as of March 1, 2024)—are not currently required to report their beneficial ownership information to FinCEN at this time.On Tuesday, December 3, 2024, in the case of Texas Top Cop Shop, Inc., et al. v.
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19 January 2025 | 47 replies
What’s being tokenized and offered to investors are income rights—a legal claim to a percentage of the rental income and, if applicable, appreciation in property value.
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27 December 2024 | 18 replies
I understand that if you live in a state that does not have a state income tax - you won't have any state tax liability, but based on $110K income, you would be in a 24% federal tax bracket...Distributions from an IRA or Roth conversion would be considered ordinary income and subject to ordinary income tax; capital gain tax is not applicable here, so I'm not sure why you are bringing it up...
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30 December 2024 | 15 replies
So I'm seeing units being held back for longer... sometimes months to find a qualified bulletproof applicant.
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24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.
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19 December 2024 | 6 replies
As for property management software, options like Hostaway or Lodgify can streamline bookings and communication.
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25 December 2024 | 12 replies
Be extremely cautious when processing your next applicant, this one seemed doomed from the start.
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23 December 2024 | 25 replies
They told me they have a few SB-9 applications in process and expect it to take 3-4 months (ADUs they're deciding within 30 days).