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16 February 2025 | 11 replies
When it was built the electrical wqs put in to the code requirements at that time .
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8 February 2025 | 15 replies
Also since it's a 4-unit it would need to meet the sustainability requirement.
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6 February 2025 | 4 replies
@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest.
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16 February 2025 | 3 replies
Maybe I could leverage my other business but I don’t know the requirements for that as we do have outstanding loans already
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12 February 2025 | 2 replies
Here's how I'd suggest proceeding: - Make it clear in the listing what your requirements are for Credit, Criminal, Credit, and Eviction.
7 February 2025 | 5 replies
Have you confirmed with BDS that parking will not be required?
18 February 2025 | 5 replies
Additionally it can often results in multiple additional tax filing requirements riving their tax filing costs up unexpectedly.
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14 February 2025 | 6 replies
Companies choosing new locations look for these key factors:Metro population over 1 Million: Companies require access to a large, skilled workforce and established infrastructure.Low Crime Rates: High crime deters both businesses and residents.Low Operating Costs: Companies prefer locations with lower taxes and fewer regulations to maintain competitiveness.Low Risk of Natural Disasters: Companies avoid areas prone to natural disasters that can disrupt operations.
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19 February 2025 | 7 replies
Some of those programs require that the property is leased while others do not.
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18 February 2025 | 6 replies
While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.