Gordon Harris
Pass-Through Legal Entity Tax Considerations
I am trying to create a 100% pass through legal entity that will not be subject to any taxes or obligations to pay anyone within the entity a salary. The purpose of my entity is to club together several investors and...
Geetika Casmon
Considerations for starting flips, have questions
Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
Manny G.
Lease Option Assignment Help......(Option Consideration)
So Im trying to get my head around this. Lets say I have a LO deal I want to assign. (a cooperative assignment LO)The Seller only wants 1 month rent as a security deposit.The TB has 10k as option consideration.Wouldnt...
John Cornelius
Immediate and Considerable Increase in Bookings
Hey everyone, one of my STRs located in Florida has been receiving a huge increase in attention, inquiries and bookings. I'm wondering if my fellow Floridian STR owners have seen the same. The inquiries mostly break d...
Joseph F.
"Consideration" amount in Quit Claim Deed
I got divorced last Summer and got a property as part of the divorce decree. The title of the property is in both of our names. The mortgage is only in my name. I want to put the title in my name only. I plan to u...
Jonathan Beemer
Do you take circumstance into consideration?
Hi BP!
Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!
Eric Mukai
Area SFR or 4-plex consideration
Hi, I'm wondering what those of you out there would do in my shoes. I'm toying with two different properties to buy, I'll call #1 and #2:
Background of #1:
-$210k 3/2 1,500 sq ft SFR on 6k lot
-In older B- neighborh...
Jim Jack
Option consideration fee and assignment fee
When doing a lease option assignment I know you ask for an option consideration fee and a assignment fee if you are going to assign the contract , how would you put on the contract that your assignment fee will be com...
Jim Jack
Option consideration fee or assignment fee
When doing a lease option I see the investor gets paid with the "option consideration" which is usually 3% or a bit higher but when doing an assignment does the investor replace the option consideration fee with the ...
Julio Gonzalez
Important Considerations Before Demolition or Renovation
When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...