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2 May 2024 | 7 replies
However, I am wary of the maintenance cost and added liability that comes with these amenities.
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30 April 2024 | 6 replies
Second, pretty much every hard money lender has this same requirement.
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1 May 2024 | 15 replies
Has anyone had a problem or slow down in applications since rent redi requires app download to apply vs link?
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3 May 2024 | 25 replies
(Not really a surprise that CA makes life a little harder)The California Franchise Tax Board will require that you file a new form every single year (Form 3840) in which you detail what you did with your sale proceeds, where they are invested, and whether you ever recognized income from your sale or any subsequent sale.
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3 May 2024 | 4 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.
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2 May 2024 | 8 replies
We have a tenant in process- my property manager is telling me that he uses Turbo Tax and the lease he generates only requires his signature and the tenants.
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1 May 2024 | 11 replies
However, I do require 100% payment by the due date, or it is 100% late, and all tenants are 100% responsible.
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3 May 2024 | 11 replies
They have different payment methods, payment plans, payment requirements, charges, marketing needs, reports, etc.
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2 May 2024 | 9 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.
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3 May 2024 | 2 replies
Or call your preferred settlement agent and ask them to provide their seller settlement costs, then add in any commissions, HOA, termite/moisture inspection if required, etc.