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10 September 2018 | 15 replies
There are some complex structures to mitigate that for sure where the owner might hold assets in a blind trust with no control but you are a one man show and that won't ever pass the smell test to a judge.Asset protection is all about risk tolerance.
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8 September 2018 | 5 replies
If it passes the in person test, then offer, then inspection, then re talk numbers, then I'll fly out there and talk to the tenants.
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11 June 2020 | 6 replies
My buildium software makes it easy for me to charge water bills so I don't need a billing company.I did not want to use a submetering company with provided equipment that charges a each tenant a surcharge depending on the level of service that they provide.
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6 September 2018 | 1 reply
When I have previously checked into this with my accountant it seems their are very specific tests to pass to be considered a materially participating passive investor, namely that you must spend half of your time and at least 750 documented hours in passive real estate to qualify to deduct depreciation.
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26 September 2018 | 6 replies
The test is pretty tough if too much material is thrown at you!!
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2 October 2018 | 11 replies
How about the cost to maintain an LLC if you have one, accounting costs, or bank service charges?
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7 September 2018 | 2 replies
If so, I'm curious if you are pleased with the services they have provided as your property managers, and if you are "surviving" with the low returns that their turn-key solution offers.
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11 September 2018 | 6 replies
Starting out is a lot harder because of debt service ratios/etc.
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29 September 2018 | 2 replies
Hi All, I am working with a client who would like to engage the services of an interior designer to help define and design a basement finish project in Atlanta.
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7 September 2018 | 3 replies
I want to thank you for all of the service and support you've provided me/us during our time together.