John Rippy
Lawn Care And snow shovel fee
14 October 2021 | 5 replies
If you leave it with a tenant, someone slips and falls and sues you, your insurance company will take the hit because they can't go back and sue the tenant because technically the tenant is your 'employee' in that scenario according to the courts.
Jerome S.
Cash-Out Refi Unknown Delay in Wire Transfer
14 October 2021 | 9 replies
I'd love to hear your thoughts on if there is any legal requirement for Loan Depot to deposit our funds within a certain period, like there appears to be when they're paying off a mortgage for that type of cash-out refi.
Nicholas D'Andrea
House hack Question for rookie
28 October 2021 | 6 replies
Check your civil court records for money owed to landlords or to any creditor who may pose a threat to the applicant's income.
Mitchell Gisi
Inherited cabin from grandpa. Wasn't in his name. What now?
27 October 2021 | 7 replies
Add a second claim for adverse possession in case the court sees the original purchase price as inadequate.
Michael Cavitolo
$45k saved at 25! Should I buy multi?
19 October 2021 | 51 replies
The last thing you want to do is have the courts decide who has to pay out who if you guys split.
Anthony Knippers
Breaking Verbal Rental Agreement
18 October 2021 | 1 reply
I think that argument would carry in many court cases unless there is more to the story.I'd encourage you to have written requirements that you can make available to applicants.
Scott Bell
Getting started, using apps to maximize time.
20 October 2021 | 6 replies
Hence, properties that appear to be vacant or need some sort of cosmetic work.
Russ McKelvey
Advice For Financing Strategy: 5 year Plan
29 October 2021 | 5 replies
Have owned/sold 2 other primary residences in GA and CO.Income Source: Salaried W2 (My military), 1099 independent contractor (wife realtor, third year), rental income approx $48-50K year but cash flowing about $2K month.Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $ One car payment of 350 per month, 2840 personal rent, FICO: Right at 800, some over some say high 790sCredit issues: none.Thank you for any advice or questions.
Clayton Bray
When do we get a CPA?
14 November 2021 | 8 replies
@Clayton BrayIt appears that your wife has her own business -The difference between having your own business and being an employee is as an employee, the employer is taking out federal taxes, state taxes, social security taxes, medicare taxes as they are earned.There was many tax law changes recently that made those having their own business have friendlier tax laws.