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Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
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State of California is trying to pass a bill to automatically decrease rents by 25% and change existing lease agreements. Please vote no.
http://www.votervoice.net/Shares/BaCzZA1hACW7RAwRFKW7FAA
Please click on th...
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Hello! My GF & I are first time landlords after purchasing our first triplex in LA. She owns her home we are currently in in Long beach as well. We are going to be moving into 1 unit of the triplex & renting o...
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I'll try to make this quick and easy to understand.I closed on my 2nd rental property in October 2015 (yes!)The closing firm told me that the seller paid taxes until July 2016 and I owed him about $1,000 for Oct 2015 ...
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Hi all,I'm helping my parents to draw up a new lease for an existing commercial tenant of ours as his lease ends at the end of the month. The unit is in a mixed residential and commercial building in California. Would...
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I bought a lot at a tax sale about 12yrs ago. I bought a number of lots that day and I've been sitting on them. I called an agent yesterday to get them all listed as the Builders are back. The agent called me yeste...
We bought the property in June 2019.There was a lien attached to this property since 2014{ a demolition bill of $12,770... by County}. The County has mistakenly assigned that bill to the wrong address. This issue had ...
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I hired a property manager for one of my properties who also found the tenant. The tenant has paid late from day one and property manager has been very lenient so it has only gotten worse. This month she decide...
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We have a current remodel underway for a property we'd acquired on south side of Chicago (suburb). Long story short, received an electrical bill for $232 for month of July. (acquired in June, and bill was $40). Contra...
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Hello ~ I am looking at properties in South Carolina (north Augusta specifically) and would like to make sure I understand the property tax rate. From what I read, for rental properties the annual tax is 6% of the app...