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4 May 2021 | 75 replies
Both of the casinos are managed by Caesars but owned by the tribe.The Eastern Band of Cherokee Indians has opposed the Catawba’s building for years.Moving forward despite oppositionHarris announced the groundbreaking on the heels of the Eastern Band of Cherokee Indians amending their lawsuit against the South Carolina tribe and the United States Department of Interior.The Eastern Band of Cherokee Indians filed an amended complaint on Monday to its federal lawsuit against the decision by the U.S.
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23 November 2017 | 18 replies
Real estate taxes, judgments, other liens, pending lawsuits?
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8 January 2018 | 2 replies
Our home insurances were done through Geico (as I am sure many of you do) however when I look at their personal umbrella liability insurance policy I can see that (among the 41 exclusion items :) ), some exclusions are quite concerning and actually might not cover us under some of the more common causes of liability lawsuits/loses that we could imagine happening while we rent our rental properties.I wonder if these exclusions typical for umbrella insurance policies OR its just Geico that is not fitting for investors ?
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18 June 2018 | 6 replies
PermitsAppraisal fee paid outside of closingMortgage Insurance Premium to HUDIn year two, how would the IRS treat the rental income and any repairs\updates to that in-law suite?
8 November 2017 | 471 replies
My wife and I accidentally fell into being landlords as we went to move and we're upside down on our mortgage so we decided to rent. 5 years later and 1 lawsuit later, she is ready to just sell and move on.
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12 February 2013 | 25 replies
They also will be liable for any capital gains.On the flip side of the coin, in the event that there is a lawsuit against the property owner, because of an injury on the property for example, having the property in an LLC can be an added form of protection against your personal assets.My best advice for you is to seek the counsel of a real estate attorney to see what form of property ownership is in your best interest.
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21 May 2015 | 26 replies
What good is the financial savings by holding property personally if you just have to sell it because of a law suit?
11 May 2017 | 20 replies
Your friends, family and day laborers are consider independent contractors and not employees so technically you sub the job to then but then that means they are require to get insurance themselves but that doesnt make sense if a friend is only hire for one day to paint 3 rooms.Whats the right insurance that would cover for any lawsuits and injuries in case a friend, family member or day laborer are hire for a job and something happens?
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7 October 2016 | 16 replies
If you own two rentals and they are both under the LLC, lawsuit takes them both and you pay CA that juicey annual fee for the LLC.
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8 November 2016 | 47 replies
Banning the lawful use of a patients medicine might just become a lawsuit.