A property manager I want to use has a hold harmless clause in their management agreement. My understanding is this could potentially make me liable for their negligence. I have asked them to remove it but they won't....
Hi All,We have a tenant with an 18 month lease expiring in June. We have had a $50/month pet fee in place for her dog since day one. Tenant has expressed numerous times that she doesn't agree with the pet fee but ha...
Why do landlords choose to rent their properties on a month to month basis to tenants who would become a huge pain to rent to rather than rent their property to a lease option tenant who will pay on time and take bett...
I have a Real Estate Investment company in NJ with two partners. I have been in the commercial real estate industry for over 30 years and investing in residential properties for 15. Have done many flips and have renta...
We recently created our LLC using a company called Inc. Authority and as part of their package they included a complimentary consultation/overview of tax requirements to be aware of, especially geared at newbies like ...
Hello everyone,
I am looking for insight into professional services for property tax appeals. Any thoughts, recommendations for pros, would all be appreciated. Thank you.
We're working on setting up our LLC and need an address and agent for service of process.
Our CPA suggested we looked into virtual offices. We did and they are about $80-100 a month. That seems like a lot just to p...
I have an opportunity to purchase a warehouse that looks pretty strong based on the numbers and rent roll I've been given by the current owner. I have a list of the improvements and conditions of the property as well....
Hello,
I am a UK citizen/resident who is looking to invest in property within the United States. I have a local partner there who is a US citizen/resident and we would like to go in it together i.e. split the...
I’m preparing to buy my first rental property soon. My question is about the taxable portion of the rental income, specifically, money that is set aside for repairs, vacancy and capX. Is that money considered as incom...