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28 September 2020 | 0 replies
What other obstacles are you facing ie. changes to platforms standard operating procedures, additional cleaning requirements etc.
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1 October 2020 | 52 replies
Normal rentals pay little to no taxes whereas vacation rentals tend to be standard income, so you will be taxed more on your income.
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29 September 2020 | 6 replies
(Insert standard California refrain: "It's too expensive here")I was planning to form an out of state LLC to avoid California's annual $800 LLC fee.However, California law requires that if an out-of-state LLC is managed from within California, it still has to pay the $800 annual fee!
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9 October 2020 | 19 replies
You've accidentally discovered what is optimal to do if you plan to scale.Most times the one of us not on the loan can't be on the deed.
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6 October 2020 | 12 replies
While you can guess the downpayment was a standard amount, you have no way of knowing therefore it isn't disclosed.Agents do disclose the purchase price back to the MLS as that is part of our MLS agreement.
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30 September 2020 | 4 replies
Is that the standard millage rate around there?
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29 September 2020 | 8 replies
He had a couple people that would take over the lease but they aren’t up to my standards.
29 September 2020 | 3 replies
This is pretty standard when buying a tenanted property.You also want copies of the lease and make sure they are notarized, so you know the information is correct.
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4 October 2020 | 16 replies
@Jimmy Chao on rental properties I typically disable the exterior hose bib completely as part of my standard operating procedure.
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29 September 2020 | 4 replies
Even agencies are capped at 75% LTV right now... pre-covid standard was 80% all day.