Kurt K.
AZ Legislation Stops Cities From Banning Short-Term Rentals
This is old news but just came across it. Not sure if its good for the communities but it seems good for the investors.On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from ...
Debra Gross
LLC buying property in Ohio,
Getting ready to buy my first property all cash in my LLC. I have a 2, LLC's that own each other. I am just a member. I have been working with the title company who wants me to changes this to purchase the property an...
Nadir M.
Tenant wants to add Son to lease after signing
Hello again everyone,I recently leased my property, in my opinion, to some great tenants. They're retired military individuals and so far things are going well. Currently, the tenants consist of a married couple and t...
Alex U.
Cost segregation years after
IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the...
Mong Vang
Earnest money not refunded - First time home buyer, need advice
Hello All,First time home buyer here. I ran a search and couldn't find anything in greater detail about earnest money refunds.My current situation:I am in cancelling a home purchase due to all items on the amendment p...
Sam G.
Bridge Loan for Land Acquisition and Development
I am under contract to purchase a 0.75 Acre plot of land. It is currently two lots zoned R-2, but one lot is landlocked. I intend on purchasing the land, re-zoning to R-3A (in-progress) and amending the subdivision pl...
Chris Eaker
Charging a tenant after initial deposit estimate
My tenants who just moved out did quite a bit of damage to the property. I repaired everything that was damaged and sent them the letter listing all the damages and costs to repair and telling them they owed me an add...
Jordan Gregg
Question on sensitive sellers and attorney review
Hello all. We are in attorney review on (what would be) our 2nd MFH. Shortly after submitting our offer, I learned from the listing agent that the sellers had an unexpected death in the family - not one of the selle...
Scott Gabriel
Combining mortgages and finance partners
Since we got started fifteen months ago, we’ve closed on eleven units. We buy multi families in the northeast for long term holds, and so far our cash outlay has gotten a 15-18% annual return. So far we've used person...
Julio Gonzalez
It's Not Too Late to Claim the Employee Retention Tax Credit!
Did you know you know that while the Employee Retention Tax Credit officially ended in 2021, you can still claim this tax credit?
First off, what is ERTC? The Employee Retention Tax Credit is a tax benefit that is fu...