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10 August 2021 | 9 replies
@Jack CallinanBe mindful that owning a house-hack with more than one person(who is not a spouse) does add a lot of complexities to your return.First, since it is owned as tenants in common by two individuals that are non-spouses, you would each need to report the activity on your return.2nd, it is a house-hack - House hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.
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25 May 2021 | 8 replies
Eventually, I want to scale my operations to a level where I own big cash-flowing apartment and commercial complexes in cities all across the United States and possibly in other countries as well.
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26 June 2021 | 10 replies
@Alex Musyoka tenant friendly but ultimately if tenant is behind on rent, court will always evict in the end.
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1 June 2021 | 1 reply
If the LLC and the property are in separate states, one issue is if you had to go to court, the court wouldn't recognize your LLC's filing since it doesn't exist in that state.Also, remember that CA charges some huge franchise fee, some $700 or $800 annually, which is applied per LLC you form.
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9 June 2021 | 9 replies
Going through the courts will give you the leverage you need so you can do what you want with your property, it is after all your property and the courts (at least in SE MI) have been supporting that right.
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23 May 2021 | 4 replies
If you dont move out by the end of the lease , I will be forced to file for an eviction , once I file thats on the court record and no other landlord will rent to you . " I dont want to do that , but I will if I have to " .
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18 November 2021 | 24 replies
Happy to chat about all things related to Kansas City real estate - have helped several out of state investors purchase investment properties from Single Family Homes to moderate size apartments complexes this year!
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25 May 2021 | 22 replies
How do I make the jump to buying bigger units (e.g. apartment complexes) or more SFH's?
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25 May 2021 | 5 replies
I would contact the relevant county court (Kings if Brooklyn, New York if Manhattan, etc.) and ensure you serve the proper notice and such.
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27 May 2021 | 28 replies
You don’t want the cost of court on such a small amount.