5 March 2020 | 3 replies
I agree with Hai Loc.Of course, whenever there is an addition to a property, who should consider finding out / confirm that the required permits were obtained to build the addition.However, if that is not a concern, then you could/should ask the title insurance company whether or not they will issue insurance coverage/insure over the encroachment for the OWNER'S POLICY.For example, in Illinois/Chicagoland area, as a general rule, if the front of the house a.
5 March 2020 | 4 replies
The tenants in the first building want access to the garages but the tenant in the 2nd building (above car garage) Is concerned about the electricity that would be used since his electric bill is for the entire building.Any ideas on how to handle this?
6 March 2020 | 2 replies
I am not necessarily concerned about insurance needs on the rental property.
8 March 2020 | 6 replies
From personal experience, I've learned to not be too concerned about defense, especially if there isn't anything to protect.
2 April 2020 | 13 replies
He is hosting a virtual meetup tonight about concerning the Corona Virus if you would like to join!
14 March 2020 | 11 replies
@Christopher Ade Quite likely their concern is just your ability to meet the occupancy requirement for the FHA loan.Some info from FHA that might help... https://www.fha.com/fha_article?
25 May 2021 | 9 replies
Some of the issues we foresee are:1 - Security: Not so much in intended vandalism (although that is a concern) much more along the lines of applicants putting the key back into the box but, not locking up correctly or leaving the door unlocked.2 - Weather: What happens if a window or door is left open and there is inclement weather which causes property damage?
6 March 2020 | 4 replies
With The way the non-advalorem taxes are collected the Seller of the relinquished property ended up with 189 credit and they were concerned with taking any cash as a result of a sale thinking it may trigger a tax event... so they opted to have that credit increase the amount of proceeds they received.
11 March 2020 | 8 replies
If they are so concerned why don't they just pay the rent on behalf of the tenant?
29 March 2020 | 17 replies
My main concern with the S-Corp election is that income will be taxed at my income level bracket.