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6 February 2025 | 7 replies
You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!
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16 February 2025 | 21 replies
Yes, I have a written agreement, bank records, plus phone records & email and text threads showing he routinely failed the SLAs outlined in the contract.
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10 February 2025 | 7 replies
This sounds like a development, so you and your team should have years of experience and a track record of success before you take other peoples money.
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10 February 2025 | 2 replies
Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece.
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11 February 2025 | 1 reply
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
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19 February 2025 | 7 replies
Keeping thorough records helped save the negotiations.
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6 February 2025 | 2 replies
There is no ability to set execution date to the future.The 90 day rule starts from the date the current deed was recorded to the date the contract with FHA buyer is signed.
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16 February 2025 | 17 replies
I just rented to someone with a prior eviction on their record Their story lines up with the paperwork I have available (it was more of a dispute with an HOA nosey Nancy, and their former roommate, than a tenant violation of terms - settled on agreement instead of a full eviction, and the problem roommate is no longer in the picture).
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5 February 2025 | 14 replies
I got the deed recorded today and I'm going try to get the numbers from the state and reach out to the developer tomorrow and see what we can work out.
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12 February 2025 | 20 replies
If you expand your rental business in the future, an LLC may be worth considering, but for now, keeping good records and securing appropriate insurance should provide adequate protectionThis post does not create a CPA-Client relationship.