Greetings!I have a gut feeling my CPA is not handling this situation correctly, but I'd greatly appreciate any feedback. Here's the simplified scenario:Partners A, B, C and D purchase a property for 1.5m in an LLC (Pr...
I'm reviewing a KCCAR - Kansas Purchase & Sales agreement and when reviewing for assignability, it has the clause:
15. ENTIRE AGREEMENT AND MANNER OF MODIFICATIONS. This Contract and all attachmentsconstitute th...
Hi all! So here's the deal; I'm in the process of closing on a home. I am purchasing it through my TN registered LLC, which is a disregarded entity. I am not a US citizen or resident, but the LLC is TN incorporated wi...
Hey!
Starting to run some numbers on the rental calculator here and I have a quick question in regards to duplex's/multi-family.
When the calculator estimates rent for a given area, is that for the total property? O...
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When does a property normally get to "Pending status"? Is it mutual acceptance and both parties sign the contract? Or is it when the Inspection, Financing, and/or other contingencies are waived? I'm not sure if the...
hello-Appreciate any help you can provide. I know very little about radon. Working on a rehab with a new contractor. The home has exposed stone built into the basement (it's built into s rock sal) which I'm told ca...
Here is the link.Identical side 1 bed 1 bath duplex. for $189,000. 1 bed 1 bath rents are between $650-$900. This property is closer to the water.Currently has a tenant, do not know condition of unit until after purch...
I want to keep a close eye on my properties, but at the same time, I don't want to annoy my tenants. I'd like to develop a standard checklist that I use quarterly or biannually at each property, but I'm not quite sure...
I just got a lead via Craigslist. I posted that I am looking to purchase a home for cash...Not sure if this is the norm, but my first reply to my post came in today which simply stated:her name.. the addresses of her...