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23 April 2021 | 1 reply
I think it is not intentional that they don't tell you they never married, or one or the other had children from previous marriages, there was or wasn't a will....that's why title company is important.
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25 April 2021 | 9 replies
How much was the bill for the previous tenant and can you get info on who lived there (eg 2 adults and no children, single person, etc)?
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1 May 2021 | 17 replies
Here's the kicker: her and her husband have six children.
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27 April 2021 | 1 reply
It creates a limbo situation with half our furniture in the new house, half here, and not knowing where we'll be.
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25 April 2021 | 4 replies
@Matthew DawsonHere is the crux of the very common take on LLCs and asset protection that was eloquently articulated by @Christopher Smith: I've had unprotected sex for 25 years with numerous partners, and I have no STDs and no children that I know of. :)The decision is always up to you.
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28 April 2021 | 5 replies
Just some opinions since I’m new to this phase.should I leave it and risk itGet better insurance, will renters insurance coverPut a line of credit on itRefinance take money out and invest somewhere else.leave enough in so it will cash flow, prob won’t have as much in retirement if I do thismy overall plan is to live off the rent and pass them on to my children and continue what I have donethanks
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28 April 2021 | 3 replies
Hi,My lease template is asking me to fill in tenant children's names and ages.
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13 May 2021 | 7 replies
@Kodi Clark This is something I know a little bit about ;)As @Ashish Acharya mentioned, certain purchases after the acquisition can qualify for 100% bonus depreciation (like appliances or furniture), otherwise you would need to have a cost seg study completed in order to identify the components within the property that depreciate under 20 years, (like 'personal property' and 'land improvements'), and are eligible for bonus depreciation.Whether or not a it will be beneficial for you in your situation should be discussed with your tax advisor.
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28 April 2021 | 0 replies
This is different from private property, which are things that are not permanently attached to the land, such as cars, boats, jewelry, furniture, and farm equipment.Understanding ownershipPeople often trade land, real estate, and real estate, but there are some subtle differences.Land refers to the surface of the earth up to the middle of the earth and the upper airspace, which includes trees, minerals, and water.Property is real property and any permanent additions, such as houses and other buildings.Property One of the two main classifications of real property.
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30 April 2021 | 54 replies
Meanwhile EVERY surface I am touching they have touched, I am brushing up against their furniture, kneeling on their floors, and possibly touching their faucets or toilets while handling my tools.