Michael Newman
In Need of Broker Network
3 December 2018 | 23 replies
In short, it's way more complicated than you realize, and you're talking about doing it on deals that are impossible to find in the first place.With regards to marketing to distressed sellers - there are entire sections of these forums dedicated to just that.
Matthew Polce
Rhode Island lot/Land appraisal
30 November 2018 | 2 replies
So it would be appraised as the value of an empty lot, less the cost to demolish and remove the structure.Things can get complicated though, because sometimes if a structure is demolished, they apply current zoning code to determine if something new can be built there.
Atta Bari
Newbie looking for rental prop suggestions
3 December 2018 | 11 replies
It's complicated at first but it will become second nature.
Dallas Waldon
Anyone Know About the Tax Implications of a Foreign Contractor?
30 November 2018 | 1 reply
We want to work around this by paying her directly, but I'm worried that the tax picture would become more complicated without a withholding company (which is what I'm assuming Upwork is).
Michael Doherty
Closing on 2nd Duplex Should I set up another account?
2 December 2018 | 13 replies
Of course not - don't make this more complicated than it needs to be when you are starting out.
Eric Dymesich
Renegotiate or walk away?
3 December 2018 | 15 replies
I also like the idea of an extra amount held in escrow but that could get complicated/expensive quick, not to mention opening you up to a future lawsuit if the seller disagrees with how the money is disbursed.
Andrea Cole
Do you use a different Air BnB account for your rentals?
5 March 2019 | 14 replies
Further complications.
John Morgan
Tax question for rental
1 December 2018 | 5 replies
Another reason is potential legal complications if your relationship sours, and your tenant turns against you.
Harrison Krause
Creating an LLC before my first flip
2 December 2018 | 3 replies
Here are the official details from the Florida Department of State:https://dos.myflorida.com/library-archives/research/florida-information/business/starting-a-business-in-florida/small-business/dba/You will also need a BTR - business tax receipt - from the city:https://dos.myflorida.com/library-archives/research/florida-information/business/starting-a-business-in-florida/small-business/dba/Creating an LLC is a much more complicated and expensive process, for which you might need an attorney, considering that you have a partner.
Brian Bradley
Separate Your Children Or Assume All Risk
11 December 2018 | 85 replies
An anonymous land trust (here a land trust is a designation municipalities & govt use to protect land from development and would be useless) would have stopped my ability to utilize customary loans with the best terms and lowest costs, in any form.There is a cost to complicated asset protection schemes.