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11 October 2023 | 10 replies
He just de-staged a house that was asking $1.6M when they staged it.
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15 November 2023 | 1 reply
@Amanda Rodriguez de Carvalho there are businesses that already offer that service.
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18 July 2016 | 9 replies
:))For my deals, I have structured them exactly as you have described having a "parent" LLC if you will that is the managing member of the other property LLC's.Most lenders for larger deals will want a specific SPE (special purpose entity) setup to acquire the property and usually the entity of choice is an LLC formed in Delaware for legal reasons.Not sure if this diagram is helpful to you, but wanted to pass along
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26 December 2016 | 4 replies
For example I know that in Delaware I was able to transfer a property I owned into both my wife and my name, without triggering a transfer tax.
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8 February 2023 | 8 replies
.($15,000) Reduce Advertising as Occupancy gets to 90% and your in place for 4 years with a Vortex of customers.( $4,000) Put in Solar and get rid of Electric bill.
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6 October 2023 | 9 replies
Capital expenses after/while the unit is in service is depreciated per its schedule or deducted in the same year under de minimus rules.
14 September 2023 | 10 replies
In my own home, I've installed my own big 14kw solar panel, fattening up the insulation and saving thousands per year as I live here in the North.
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22 November 2023 | 6 replies
You can hedge your bets by charging them higher security deposits too. you can charge them 1 month rent security deposit and 1 month rent new move in fee non refundable or something. note Delaware law states the most you can charge for security deposit is 1 month rent. this doesnt mean you cant charge first month rent in addition to this and other admin fees.
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8 September 2023 | 0 replies
Residential energy credits - you probably hear about it all of the time the next solar guy stops at your door, but you CAN write a percentage of these off.
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23 November 2023 | 10 replies
They had a home in Wilmington, Delaware that they sold and wanted to rent back but she says her daughter-in-law did some things so they are not able to rent back.