Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 1 reply
You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs.
Devin James
There's always a reason not to invest... Start today
7 January 2025 | 5 replies
Still assessing if it was the property itself or the property class.
Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
Towns in New Jersey can be wildly crooked and will try to assess you for things they missed on prior renovations before you even bought the property, which technically they can do.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
This tax is assessed on business income inside of tax-exempt entities or organizations (IRA falls into this category).
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
I believe it to be very accurate assessment based on my personal experinces