Devin Bost
Buying preforeclosures to flip
8 July 2022 | 5 replies
The key is to be able to detect that the borrower is late and arrange for a sale prior to the default notice.
Tim Clark
House Hacking with a family
16 August 2021 | 2 replies
It looks like most of the duplexes that I am seeing will mean down sizing my family's living arrangements.
Ananeya Abebe
Ohio- Eviction of an out of state illegal occupant
9 June 2023 | 3 replies
The tenant’s daughter, who is in adult that lives in Detroit, has moved into the unit and is now illegally occupying the unit while trying to figure out how to move forward with arrangements for her mother.
Jordan Tucker
Mobile home rentals.
20 August 2021 | 2 replies
Yes, the owners should be paying, otherwise you have someone else's junk sitting on your property (which is somewhere between littering and squatting).IF possible, I'd recommend serving the non-paying owners notice ASAP that lot rent will be established on X date (some day near enough in the future to be prudent, but far enough out to give them real notice and allow them to arrange a haul-off if needed).
Salomon W.
Tenant just messaged me they are braking the lease in one month.
17 April 2019 | 10 replies
Also give required (here it's 24 hours) notice and inspect/show the place as needed (I'd try to arrange it when you know they won't be home).
Loren Whitney
Creating an HOA that was never formed according to CC&Rs
14 June 2023 | 3 replies
Collecting funds for the road has been a struggle and some believe that they're not legally obligated to participate in this informal arrangement.
Amy Everett
Short-term rental with self-directed IRA
15 June 2023 | 4 replies
I will end this post with what I stated in the beginning; this is a fairly complex arrangement that needs counsel and oversight from a CPA (and possibly an attorney) specializing in SDIRAs.
Chu L.
Looking for Tax Strategist in PA (Philly/West Chester)
17 January 2021 | 2 replies
@Chu L.It looks like your 2020 return will be more complex than in normal years.Living in two different states may require the filing of part-year returns in each state.Hopefully acquiring rental properties increases to your cash-flow and wealth but does not increase your tax burden.Regarding gifts from overseas - It depends on the arrangement that you have.
Terry Harris
Investing in short term rentals in the Palm Springs area
28 April 2022 | 13 replies
For this purpose, financial interest includes both legal and beneficial ownership as well as any arrangement that provides for receipt of any portion of the revenues generated by the Vacation Rental.
Chad Moore
Anyone Have Experience Investing In Antique / Craft Malls -With Real Estate Included
15 June 2023 | 2 replies
Some mall owners also charge a commission on each sale (typically like 1% to 10% of gross sale price).I have prepared financial statements and tax returns for a few of these businesses, and assisted the owners in arranging financing for these properties.