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19 February 2018 | 13 replies
Traveling healthcare professionsals, people coming out of town for medical treatments that may last weeks or months.
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6 May 2013 | 20 replies
With all that said, had to evict my tenants because they got busted for Drug Possession.
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4 June 2013 | 10 replies
In a purchase transaction of a non-owner occupied you're likely looking at 25 to 30% down, you won't be getting any credit for payments made toward your down payment required, so you'll be paying the loan down without any benefits.It also reduces your tax basis, you pay down X thousands, whatever and you will have a lower basis to depreciate and more to claim if you sell.There are reasons why transactions are designed as they are, doing things conventionally incorporates tax treatments, establishing equity, having a basis for lending requirements, control of the property to do improvements and repairs.
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3 July 2013 | 10 replies
This is great to ensure drug dealers aren't living in the house!
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2 December 2015 | 26 replies
After he was arrested for breaking into my house and hitting me with a flashlight, he went to prison and she moved on the son moved back in with friends and the next thing the police were breaking into the house because of the drugs being sold out of the house.My point is the landlord never did rental agreements after the first one and just collected from whoever would give it to him.
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29 November 2015 | 7 replies
Scenario:PS. This took place in Norway, not in USA. Norwegian laws are not accepting weed as legal. Weed is also not socially accepted by most people.Apartment is a 2 bedroom flat, where both bedrooms are rented out s...
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30 November 2015 | 10 replies
Youll be killed on cap gains taxes come April yet not recieved the principal from the buyer for years.Tax regs allow taking installment sale treatment of the gain if it's an "investment property", IE a rental.
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7 December 2015 | 15 replies
For instance, your criminal history criteria could be no prior felony convictions, or no convictions for drug offenses, or whatever you decide is important to you.
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4 October 2015 | 10 replies
You might see if there are any such interests on the secondary market that you could identify and buy.Purchasing Tenant-In-Common interests, Delaware Statutory Trust beneficiary interests, Land Trust beneficiary interests and other "disregarded entities" qualify for 1031 Exchange treatment, but Section 1031 of the Internal Revenue Code specifically excludes any kind of partnership interests for 1031 Exchange treatment.
29 December 2015 | 2 replies
I live in North Carolina and we have a rental house in which we suspect there is drug use going on.