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11 December 2024 | 5 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
8 December 2024 | 4 replies
Although the forum input can be helpful, you need to have proper legal precautions in place rather than opinion.
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5 December 2024 | 13 replies
Hi, I was hoping to get some clarification on the Safe Harbor law. We are considering moving into our 1031 property and making it our primary residence. We have rented it out the past 3 years. What happens with the ...
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19 December 2024 | 82 replies
I’m no attorney or CPA, so I won’t wade into legal or tax advice, but I’ve watched a well-timed 1031 turn a humble starter property into a stepping stone toward a whole portfolio.
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10 December 2024 | 100 replies
Real estate agents can’t offer legal advice, and at least in Ohio, they can’t alter the boilerplate form.
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10 December 2024 | 5 replies
I want to have a legal right to that property and it's equity.
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9 December 2024 | 2 replies
Consult an attorney and tax advisor to structure the arrangement legally and effectively.This post does not create a CPA-Client relationship.
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8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.
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10 December 2024 | 5 replies
Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.
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11 December 2024 | 12 replies
U know when the settlement statement comes in there maybe 1 point but 5k in junk fee's that are disclosed until basically the day of signing as they are not legally bound to disclose all their fee's up front like a NMLS state licensed owner occ loan.