
23 June 2015 | 8 replies
I just use one LLC for all of mine.You will have an additonal schedule on your personal tax return for the LLC and the properties but it will still be with your personal return.As far as the deed goes, not sure of the process in your state but you can just have the deeded party changed in a simple process and its not that big of a deal/expense.Your accountant can set up the LLC for you or you most likely can do it yourself online through your state web site.The added schedule on your tax return still files with your tax return and will not change your income for the year.Taxes will still be sent to the same address they have been coming to unless you change that, they will be in the name of your LLC not you/your wife's names.

25 June 2015 | 4 replies
I feel that I'm arriving a little late to the BP party, but better late than never, right?

25 June 2015 | 7 replies
Many Buyers and Buyers agents here are skeptical of the "Joe Schmo" homeowner who "took care of it himself" so as others have suggested, for peace of mind when you sell it I would have a clearance test or air quality test performed by someone so you can show it was remediated correctly and 3rd party test results show that.

29 June 2015 | 25 replies
Bring in a good contractor and get firm estimates prior to closing this transaction.Also keep in mind that while the realtor may be competent and honest in her evaluation of this being a good deal, she stands to make a $12,000 commission upon the deal closing so she is not a disinterested 3rd party.

30 June 2015 | 41 replies
Let's keep this party rolling.

26 June 2015 | 6 replies
Either party can terminate the lease with a 30 day notice.

27 June 2015 | 6 replies
The latter is unlikely if you are a bonafide 3rd party buyer (BFP).

27 June 2015 | 3 replies
They are probably unhappy with the home inspection they got and want another third party.

28 June 2015 | 20 replies
The rest of his philosophy resonated with me pretty deeply so that makes sense that the part I found discordant probably just arose from me misunderstanding his intent.

28 June 2015 | 5 replies
Call the locatin manager and tell him what you're looking to do and that you're looking for referrals to builders.Vet each party in the process carefully.