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14 January 2025 | 5 replies
But the places we all encounter that could only have a wheelchair ramp put in that intrudes into the public sidewalk (which neither the landlord nor the tenant owns, and now the sidewalk may not be sufficiently wide or accessible for a wheelchair), or that would require tearing down the storefront's façade (envision a storefront right up against the sidewalk), are grandfathered in.
15 January 2025 | 5 replies
The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).
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16 January 2025 | 12 replies
I know that the general guidance is that emergency funds aren't to be invested, but given our financial security and the fact that we already have a personal e-fund in a safe, non-volatile location, would it still be crazy/unwise to invest this 15k in an S&P500 index fund in a brokerage?
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15 January 2025 | 8 replies
Austin was appreciating faster than non-tech cities.
29 January 2025 | 20 replies
, do not allow that as you are not the LLC and only a lawyer can represent an entity in court, while non lawyers can only represent themselves in court).
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23 January 2025 | 24 replies
Ensure the buyer provides a non-refundable earnest deposit.3.
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19 January 2025 | 7 replies
My non-professional understanding is that those losses can only be used to offset income from that property.
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25 January 2025 | 18 replies
We rotate locks through our rentals, with a period of non-use for each lock.
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13 January 2025 | 5 replies
., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
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6 January 2025 | 31 replies
Those non-cash expenses definitely helped us out during tax season.2.