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25 March 2020 | 0 replies
The govt requires All landlord’s to allow tenants extensions in making rent payments - However if they have a loan with a non regulated lenders — the lenders don’t have to oblige.
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27 March 2020 | 5 replies
If it's an established rental unit, you should be able to get the fuel usage numbers (by volume) from the Bangor Gas company if the building is serviced by gas.
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26 March 2020 | 9 replies
A lot of CPAs are "jack of all trades" generalists.While the topic of this thread isn't complex, a CPA not experienced with partnership tax law may struggle.Deducting on the 1065, as your CPA suggested, is not correct (nor it is a choice).Either (a) establish an accountable plan and have the partnership timely reimburse you (and take the deduction on the 1065) OR (b) get an appropriate expense reimbursement amendment in the operating agreement (signed by all applicable members) and begin taking mileage as UPE on your 1040.
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26 March 2020 | 7 replies
Also agree with the regulations keeping people in line.
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27 March 2020 | 9 replies
All these types of tenants tend to not have staying power because business is going online or government is looking to regulate them in future years.
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27 March 2020 | 7 replies
Since then I have been working on increasing my self-confidence, establishing exceptional credit, eliminating my past debts and increasing my wealth by saving more of my existing income.
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24 July 2021 | 172 replies
Secondly, establish clear communication with your tenants.
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27 March 2020 | 2 replies
In addition, in accordance with the regulations made under the Consumer Credit Act, if your loan term is greater than 12 months you will pay an additional 30 days interest.
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4 May 2020 | 67 replies
I assume you've tackled the Rich Dad stuff... good for establishing the mindset of 'why' to invest.
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27 March 2020 | 7 replies
Thanks I know there are agent regulations against stuff like this and fear mongering etc.....An unlicensed person though, doubtful there's anything illegal about it.I see no reason why it should effect the seller.