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30 December 2020 | 7 replies
In Florida, we do not have that restriction and the only payment method acceptable is electronic.
28 December 2020 | 9 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.
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25 December 2020 | 9 replies
Any time a Democrat is in the White House, there will be talk if firearm restrictions, which drives sales to skyrocket.I don't know why anyone would want to start a business at the age of 65.
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25 December 2020 | 2 replies
Can I choose my contractors, are there any restrictions with contractors ?
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30 December 2020 | 12 replies
Chances are, someone else out there has already been there, done that, and has experienced the challenges, and dreams that percolate through your own head every day.After the Christmas Holidays (and perhaps a lot of travel and social restrictions - there are certainly these where I am), we have an opportunity to reflect on 2020, whether or not we hit our goals, lessons learned, and thinking about how we can kick of 2021 with a positive mindset of growth, equanimity, gratitude, and a healthy spirit.I love these kinds of threads.
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29 December 2020 | 6 replies
How many managers require rent on the first and impose late fees on the 2nd?
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29 December 2020 | 9 replies
Unless you had a life event like divorce or moved for work, most underwriters will call BS.There are products that will allow for lower down payment like Freddie Mac's Home Possible, but they have income restrictions and you may not qualify if you make decent money.
27 February 2021 | 12 replies
You would have to invest in a new "like kind" property at least the total payment from the utility plus some proportion of gain of that property from current basis to current FMV.The "like kind" is more restrictive than for a 1031, so my guess is it would have to be another parcel of farm land.A CPA or good tax office should be able to help with the additional gain (if any) from the utility payment.Just thinking, you can't depreciate land, so for farm land there may be no basis adjustment at all, just a proportion of what you paid originally for the vacant land.hope that helps a little.
28 December 2020 | 4 replies
Check to see what restrictions might be in place either by the current leases or local rules.
27 December 2020 | 0 replies
Once the rehab is complete I would like to rent it out, however, I think I will sell it since the house is in a gated 55+ community, and it is restrictive on rentals and most occupants would only be seasonal anyways.