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4 October 2021 | 3 replies
A regular car payment is not the same: if you have less than 10 payments we don't use it, or paying off it is excluded
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4 October 2021 | 1 reply
With no income producing building, there is nothing you can do.However, if the gas station was 'in service' (i.e. - had a tenant and paying rent), then it later went 'out-of-service' - even if only a few months - then you could do cost segregation on it.
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4 October 2021 | 1 reply
If it won't produce optimal return until sometime in the future I feel that it's still a win.
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4 October 2021 | 6 replies
Depreciation is just like a regular SFR rental.
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4 October 2021 | 1 reply
If you are just cleaning up and it will take less than 30 days to be occupied you may just be able to start a regular policy.
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5 October 2021 | 3 replies
Sometimes that turns out to be cheaper money than a regular refi.
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6 October 2021 | 4 replies
Now if this month doesn’t work I won’t be nice again…Consider yourself VERY lucky… I use 3 attorneys regularly here and they all echoed the same sentiment… landlords here, including commercial property owners such as us, have absolutely no control over collecting rents… so much so that our clients are doing us a favor by paying.
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6 October 2021 | 2 replies
It ensures they are treated fairly and that their disability is accommodated for but they are still subject to rent increases, lease violations, and even eviction.Treat them like a regular person (honestly, fairly, and according to the law) and you'll be fine.
11 October 2021 | 1 reply
Hello, Reading the forums have been very insightful and wanted to seek some help.1) I currently have a LLC-S corp for my regular business.