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6 August 2024 | 54 replies
I realize it's not my right to tell people how to vote, but I'd like to put a clause in that reads, "Every time a levy, school tax increase, or special tax assessment passes, rent will increase by 5x the amount of that cost."
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30 July 2024 | 3 replies
hey everyone my name is guy levy, I am an out of state investor.
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31 July 2024 | 9 replies
@Fornati T Chie My area of expertise is a little different than @Levi Bennett so maybe he can chime in for the commercial side if that's what you're wanting to do.
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28 July 2024 | 7 replies
The fee they are charging you might be higher than the limit set in the law; the law might not require you to provide a copy of the lease; and they might not be able to assess, levy or charge a fee or fine or otherwise impose a requirement on a member's rental property any differently than on an owner-occupied property in the association.
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25 July 2024 | 12 replies
@Levi Collins: As long as the tax deed clears title process, that should not be an issue.
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26 July 2024 | 8 replies
All the above will give you, your management company, and/or your collection attorney some traction if it comes time to attempt to garnish wages or tax returns or levy their bank account.Some of the above may sound a bit draconian, but consider that you may have hundreds of thousands of dollars tied up in a property you're turning over for their unsupervised occupancy, and that they can do huge damage to the property in just a few hours.
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24 July 2024 | 14 replies
If you rent longer than 30 days, you’ll skip a large portion of the taxes and fees levied on STRs.
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19 July 2024 | 17 replies
If the assessor finds out later the property owner lied and was not intitled to the exemption, state law requires the assessor reassess the property and levy the appropriate tax.
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18 July 2024 | 40 replies
(These averages represent state-level; individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas and Florida to offset the higher operating costs.Texas: The property must generate $5,752 ($9,256 - $3,504) more cash flow annually to compensate for the higher operating costs in Texas.Florida: The property must generate $2,343 ($5847 - $3,504) more cash annually to compensate for the higher operating costs in Florida.Overhead costs can have a large impact on cash flow.A Process For Selecting an Investment CityThere are too many potential cities to evaluate each one.