Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
One of the concerns would be, how long would this last until regulations catch on?
Thomas Azoury
Convert garage w tenants
2 December 2024 | 17 replies
He's already lost $80,000 in potential income and they could easily tie him up for double that in a heavily regulated market like California.Successful landlords charge market rent or close to it.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
Lucas Schlund
How Do You Get Around The 90 Days Per Year Regulation In Detroit?
26 November 2024 | 19 replies
Quote from @Andrew Steffens: Usually there is not a way to "get around regulations".
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
And even the ones that raise more often only do so several times during the year and many times there is nothing available.So even if you had such a list, it is not really useful in deploying money in the real world.A more practical approach is to see which offerings are currently available and simply scan them to see if they match your criteria or not.
Dan McDermott
Got experience with mixed use in smaller towns?
3 December 2024 | 4 replies
Problem was it's a common perk for Chinese restaurants to provide lower paid staff with room and board, and without the upstairs apartment, renting an apartment in nearby towns for staff is a problem with rooming house regulations beside a major expense.
Alexis Nworah
Is Sandy Springs a good area to buy a rental in Georgia?
4 December 2024 | 4 replies
Prices there tend to be fairly high so make sure the financials make sense to you.If you're going the townhome route, make sure you fully understand the rules and regulations of that particular community.
Kristin Boekhoff
Practical Questions for Small Multifamily
25 November 2024 | 8 replies
I have some practical questions:1) How often do you clean the common areas?
Joseph Waitkevich
Airbnb in Vegas
5 December 2024 | 10 replies
For purposes of this Regulation, “apartment building” meansand “apartment house” as defined in LVMC 19.18.020.Effective December 5, 2018, a short-term residential rental may be allowed to operate as a conditional use,provided it meets the following standards:1.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
This is standard practice, but there are exceptions.