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21 September 2018 | 8 replies
Many states have laws that allow immediate evections if the tenant is causing excessive damage.I think an hour of time with a real estate attorney would be money well spent.
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20 September 2018 | 2 replies
Partnership operating agreements are very flexible.You could do a waterfall schedule for both allocation of income and capital distributions.e.g.1) You're allocated a cumulative fixed annual return on your unrecovered capital contribution (6%, 8%, 10%, you name it)2) Profit in excess of the fixed annual percentage return is split 50/50.Capital distributions could be something like: first distributions are to recover your capital contribution(s), then preferred return accrued to you, and finally the 50/50 profits.Food for thought.
23 September 2018 | 4 replies
The foundation could also settle with excess moisture.
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21 September 2018 | 3 replies
The first example I used has excessive fees for what they offer, and don't do what they're supposed to do.
24 September 2018 | 5 replies
The Board decided there was excess money in a fishing derby account and transferred $500 out of it and into charitable fund.After contacting board president with my concerns.
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29 September 2018 | 18 replies
The threshold for STR with FDOR (known by most as the sales and use tax enforcers) is 6 months so I keep a clause in my leases that if they move out before occupying the property for at least six months they're also on the hook for paying sales tax on their rent (6.5% in Orange Co. but varies from 6% to 7% depending on local voters funding their favorite projects with the amount in excess of 6%).
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29 September 2018 | 5 replies
Hey,Has anyone had any experience purchasing excess bank real estate inventory?
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2 October 2018 | 6 replies
Funded in part with private money and the balance with investment partners, the project created profits in excess of $200,000.
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12 October 2018 | 24 replies
You now have a Loss in Excess of Basis Scenario and.... guess what?
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27 September 2018 | 5 replies
I emailed him Sunday regarding notices I received re electricity getting shut off soon due to lack of payment and a $100 fine because of excess garbage put in the front of the property.