
14 May 2019 | 23 replies
Well I want to get started the right way so I started up my LLC and getting all my stuff tagged along for Oregon.I searched for Oregon LLC / LLC Oregon to see if anyone had posted their "start up procedures for getting into real estate in Oregon.I think I might share my start up experience and where I went so I think i'll be making notes and putting together another post so anyone in the future, looking to get into real estate can see my process and what I did and any issues that took place or steps I swapped around.Thanks everyone!

19 March 2018 | 23 replies
Every state is different in their foreclosure laws and procedures.

28 February 2018 | 8 replies
I would recommend having the process from screening to move in laid out in a “Application Procedures” document to give them in the future.

6 July 2018 | 54 replies
If you can't pull that out, then it may be in a Policy/Procedure document which you will have to make a special request for.2.

28 February 2018 | 5 replies
A 1031 exchange enables you to defer the taxable gain if you roll the proceeds from the sale into the purchase of another property using a specific procedures.

7 March 2018 | 0 replies
Is there a discrimination concern or a procedure or exception(s) to follow in order operate as such?

8 March 2018 | 5 replies
You really need someone to look at the documents you have, what they say, and pit that against your local laws and procedures.

14 March 2018 | 7 replies
Two of the safe harbors that can help you deduct improvements are below:1) 2500 de minimis safe harbor.the safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1)you need to have written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by the invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the property.2) Small taxpayer safe harbor: To be eligible for the safe harbor, the total amount of improvements for the property for the tax year may not exceed the lesser of $10,000 or2% of the property's unadjusted basis.If the total amount paid exceeds the safe harbor threshold, the safe harbor does not apply to any amounts spent during the tax year.

26 July 2018 | 3 replies
-When someone gives a notice to vacate what is your procedure?

15 May 2018 | 4 replies
One of them was to offer to trade services like carpentry, auto mechanics, dental work, etc.