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1 March 2020 | 15 replies
This is just another example of what can happen when the Government gets involved with (IMHO) sensible and responsible practices of landlords and the Gubment looks for reasons to restrict and fine them.
23 June 2020 | 25 replies
My husband does agree with you as we really can not afford losing $300+ per month right now as we build our real estate portfolio.I completely agree that with already receiving money from the government that it would be more "fair" that she would have to be the one making the sacrifices to reflect the money she is receiving.
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1 March 2020 | 14 replies
What about compliance with city regulations?
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8 April 2020 | 63 replies
Our governments and our businesses are not being as cavalier about this virus as they were about the one in 1918.
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29 February 2020 | 26 replies
If i remember correctly in North Carolina section 8 is run by the Western Piedmont council of government.
29 February 2020 | 9 replies
What your CPA has recommended is you receiving rent "income" in the form of a personal service barter, so you would still technically have to report the value of the chef services as rental income.Now it's true, most people don't report barter services, but in this case there is a vast difference between what the tax regulation states vs what people actually do.For example, as a CPA, if I do your tax return in return for mowing the lawn at my house, I would still have to value the amount of your lawnmowing and declare that as income.
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2 April 2020 | 14 replies
You have teams that are new to the game, and while they may charge less, you want to make sure they are up to date with compliance regulations and are staffed to adequately care for their tenants.
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29 February 2020 | 7 replies
It's important to shop around and consider not just the rates and terms but also any additional fees, closing costs, prepayment penalties, etc. as each portfolio loan product is different and they don't follow the standard guidelines put forth by the government-sponsored banks like conventional financing products do.
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27 February 2020 | 12 replies
It most certainly can be done, but generally, it takes relationship-building to get the information you want in the maze of tax records and local government.
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28 February 2020 | 4 replies
First, contact your zoning/permit office and find out their guidelines/regulations about pools and the enclosures needed.