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29 March 2024 | 25 replies
I’d use this as an opportunity to reassess your lease verbiage to see what other loopholes you have exposure to.I’d avoid open ended deadlines and make it as specific as possible.Also I saw someone else say you sign last.
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30 March 2024 | 2 replies
Hello tax experts, I have specific question on filing taxes for Short term rental property (30 days or less).
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1 April 2024 | 98 replies
Take a look at either your Retained Earnings line (if you're reinvesting cash into the asset), your Shareholders Equity (if you have partners and are pushing out K-1's, at the end of the year) or Owners Equity line on your Financials, you will clearly see what I'm talking about, the financials don't lie unless you're cooking the books or doing them wrong.
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30 March 2024 | 25 replies
It's been a reliable tool for us, but like any tool, it's crucial to know how to use it properly and not rely on it blindly.I've noticed that many investors tend to use rules of thumb when analyzing properties instead of diving into the specifics of each property.
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30 March 2024 | 2 replies
Every Landlord's Legal Guide by NOLO will teach you how to manage your investments and points you to state-specific laws.
29 March 2024 | 9 replies
Could your appraiser have been wrong?
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30 March 2024 | 0 replies
We know that the term "Buy Box" refers to an investors standard that could give him/her the green light on buying a specific property they might be looking at, if it passes that standard.I believe that I'm lacking in the correct nomenclature and can't find the correct terms to describe this idea or concept that I'm trying to convey.
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30 March 2024 | 5 replies
Once recorded, the owner/seller of the property will not be able to close on the property without addressing this issue, thereby blocking them from cutting you out and selling to another party.Other than that, keep in mind it is VERY difficult to win in court for specific performance to force the seller to sell.Good luck, and keep moving forward!
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30 March 2024 | 3 replies
There are a few exceptions to this rule, but this may not work with your plan on help the students during their Junior and Senior years5) Because a lot of specific paperwork and protocols go along with an FHA 203(k) renovation, you will want to find a contractor with experience working on this kind of project.