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8 January 2019 | 10 replies
That policy came about after we found (years ago) tenants burning newspapers, pine branches (nice aroma, dangerous for chimney fires) old furniture and trash in the fireplace.
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14 November 2018 | 14 replies
That would be correct if OP's father has made or intends to make an S election for the LLC.Since OP did not specify tax status of the SMLLC, we're left to assume no alternate election was made, and the LLC carries the default tax status: 'Disregarded Entity'.A DRE should not be issuing W-2s or 1099s to its owner as it's effectively dissolved for federal income tax purposes and there's no distinction between the owner and the LLC.
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25 November 2018 | 17 replies
You have to have a lighter touch with the property management.From a legal perspective in SFRs, yes, I always give 24 hours notice before I asset my right to access the property, WITH TWO EXCEPTIONS, an emergency situation constituting a danger to my property, the tenants, or the public at large, and shoveling any public sidewalks running through the property.
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24 November 2018 | 7 replies
Rodents are dangerous, they carry diseases.
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25 November 2018 | 12 replies
It's a very dangerous proposition to impose rent control.
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12 January 2021 | 15 replies
What we decided to do to comply with the city is to convert the home to a single family (removing one of the front doors), but keep the right side as a distinct space with a MIL suite with a small kitchenette and back entry.
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3 April 2019 | 26 replies
Bob, everything your listed is a red flag, people should watch out to.I don't know you personally, but you don't have any references to a brokerage of your PM company, you're trying to tell OOS investors that East Cleveland is OK to invest when it's clearly danger zone.I'm not trying to be cool - just warn people to be more careful what broker to affiliate with.Do you care to share the name of your broker who would manage properties in East Cleveland?
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19 November 2018 | 13 replies
Now if they also, for example, punched an employee you should include the termination for clear and present danger language.
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14 December 2018 | 17 replies
I appreciate that because I do think it's bordering on dangerous.
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19 November 2018 | 5 replies
@Aditya MainiWow that sounds dangerous.