Dion DePaoli
An interesting dilemma
I find this budding of tenant and landlord/developer a little interesting. While this is just now coming to head in NYC, I would think there are some other markets where it is getting ready to also come to a head. I...
Robert McCormick
Should we stick with the potential tenant we have now or wait?
My family and I are nearly done with renovating a rental unit with the hopes of not only increasing the value therefore increasing the rent but to also attract higher quality tenants. We have a potential tenant who is...
Deborah Burian
Cash for Keys...
Got the idea from the forums here... pretty good long term tenant gave appropriate notice. I told him it was his house & he'd paid the rent but if he'd made other living arrangements I'd be happy to rebate the fe...
Patrick Torres
Setting Up LLC & Bank Account for Buy and Hold Strategy?
If I purchase a property to rehab and hold long term, how should I consider setting up my financial accounts? Assuming I wanted to transfer it into an LLC, does my LLC needs it’s own bank account in the companies nam...
David Kieta
Property taxes are up by more than 900 million in Cook County
Maria Pappas makes a valid point. If you did not vote on the elected officials that determine a portion of your property taxes, you should not complain when the bill is due. Get out there and vote!https://abc7chicago....
Jacob Patterson
Tax Consequences When Selling Personal Residence
I regularly flip houses, and consider it my business for tax purposes. Thus, I pay income tax, as well as self employment tax on my gains. I am planning to sell my personal residence, most likely with a profit, and wo...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Kalei Wodehouse
Have primary residence & buy a 2nd using "primary" for best rate
Aloha, looking for some advice on what I should do...I currently own a home w/ a mortgage that is my primary residence, however I just bought a second home (rental property) but to get a better rate I also check the b...
Arun Kumar
Short term rentals in Coolidge Arizona
Hi,I’m planning buy single family house in Coolidge AZ. How is rental market doing? Is it better to do long-term/short-term.
Heather Frusco
COVID-19 Eviction Moratoriums help who?
As many know there are eviction moratoriums across the country. For those which can’t or don’t want to pay their rent it’s a blessing... but is it really? The free-market seems to work pretty well in rewarding and cor...