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Hey folks. I created a LLC to own a vacation property in Virginia. The LLC has 4 members. Each own 25%. We own the land and the house in the name of the LLC. We have never rented it, and never plan to rent it. ...
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If you purchase a property such as a 10 unit apartment building how do you rename it?
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My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
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I run a small management company and we have just a few clients so far but there is one thing on the management agreement I haven't really gotten a grasp on and can't seem to be able to explain it to my client. On sta...
My mother in law broke her hip last night. She lives in Lacy Wa, about 2 hours from Seattle. It’s likely that she will be wheelchair-bound for the rest of her life. Does anyone have suggestions regarding how to search...
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Looking to get into serious investing - buy and hold / wholesale
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I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...
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Hi! I am thinking about doing some work in the basement in order to create extra sqft from basement. Right now the room is finished and it appears that the room has enough height. There is one exit (door) going out to...
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Let's be honest by acknowledging that any proposal on Construction Defects legal reform will not be ideal for either home owner or developer. The high costs of unrestrained litigation, all fully funded on the backs o...
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I am located in Cypress, CA (north OC area). I have been exploring different markets for my first STR. Initial preference…. stay close to Orange County area/self manage. But each city in OC has different restricti...