I have a 1031 Exchange going. We put an offer in on an identified home. We have about $40,000 left over, meaning the home we made an offer on was less than the 1031 Exchange amount. The home, as-is, can work but i...
Can anyone tell me if it is legal to include an early lease break clause in Oakland, CA? I have scoured the internet and cannot find any information. The only information I am getting is from the EzLandlordForms websi...
Hi All,
I have been researching a holding structure for my rentals for past few weeks. Primary reasons are of course, asset protection and anonymity (to the extent possible).
I talked with folks at a Nevada company ...
Does the landlord needs to protect themselves from any potential liability from handymen? Unlike the contractors, the handyman may or may not carry insurance and therefore, in case of any injury at the work site, can ...
Example contract verbiage:"This contract is assignable by Buyer without the written consent of Seller. Assignment does not relieve the parties from their obligations under this contract."What needs to change here? If ...
Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward. I actively manage ...
Hi everyone. I've read almost every possible thread here about Land Trusts and LLCs, but, yesterday I received a message from a Lawyer that I'm considering to hire to setup my Landtrusts and LLCs, but he replied sayin...
My wife and I are about to move from SC to NC and have decided we want to try using our existing house as a rental property. I've spent plenty of time researching cashflow implications and tax changes to confirm we wi...
Hi BP'ers,
My wife and I are looking for our next house hack in Denver, with which we are very familiar. As we continue our investing, our capital is tied up in several assets, so we are working with capital partners...
Hello, our tenant unfortunately passed away and we’re trying to understand the legalities of taking possession of our rental property. We were contacted by the tenant’s daughter who informed us that they would remove ...