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20 July 2013 | 9 replies
Minor stuff such as tenant turnovers and routine repairs will be an "allowance", so you don't have to project them specifically, but you will need to plug in an "allowance" for them because you will need and use it.Who is going to manage it?
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14 October 2014 | 7 replies
I am now on disability for a back injury (Ruptured and herniated discs).
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20 February 2019 | 129 replies
I know I am on the high side with tough to sell properties i would routinely charge 10 to 20% commish.. and if they are fairly low value assets IE under 150k who is going to take the risk and everything to make a few grand thats hardly worth a busy agents time .
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13 December 2007 | 7 replies
I had rented other houses for years leading up to my buying one, so I knew the routine here in Michigan.
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5 December 2013 | 13 replies
Hi Jack, I have copied a brief article that I wrote on holding periods, so hope this helps:Holding Guidelines for 1031 Exchange PropertiesWhile the Department of the Treasury Regulations and numerous rulings make it very clear that you must have the intent to hold your 1031 Exchange property for rental, investment or use in your trade or business, they fail to define exactly how long or over what period of time you need to hold your relinquished properties or replacement properties in order to qualify for a 1031 Exchange pursuant to Section 1031 of the Internal Revenue Code or Section 1.1031 of the Treasury Regulations.Property Purchased Just Prior to 1031 ExchangeThe Internal Revenue Service has routinely taken the position if you purchased your relinquished property just prior to your 1031 Exchange transaction that you have actually purchased and are holding the property for sale (inventory) rather than holding it for rental or investment.
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30 August 2012 | 14 replies
So everyone else can see what's being said.Also, is the RSS feed working on it or is it disabled?
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6 October 2009 | 0 replies
I am disabled and we would have had no were to go.
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10 February 2010 | 2 replies
At least part of their income comes from Disability or some similar program, and they get that money on the first of each month.
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25 September 2010 | 26 replies
He was terminated from the program, caught collecting disability in addition to rental assistance.He at first agreed to vacate the property if he couldn't get emergency assistance that first week the rent was due.
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30 April 2012 | 2 replies
You still have vacancy, property managment and routine maintenance.