All Forum Posts by: Amy Velasquez

I don’t know if you can do it successfully from Sonoma County. You need to be a lot closer than that to Ohio, like Napa.

Welcome. As a CPA, should especially appreciate local tax laws in your target market. Since you mentioned Cleveland, here is an important site for you (perhaps you were already aware of it):

http://ritaohio.com/Municipalities

I do not know whether the other Ohio markets may have something similar. I have seen the list of jurisdictions under RITA expand.

Also, look out for Ohio jurisdictions that have laws that mandate city oversight of your potential rehab, as well as ongoing registration and inspection of your rentals with the city - specifically ask agents you work with whether any of this may be the case with any property you are looking at when you work on your numbers.

None of this is a big problem - just extra layers of government you need to deal with - as long as you know all the facts ahead of time.

Good luck.

Thanks so much for the information :-)

hey Amy Velasquez welcome to BP. what are you looking to do? buy and hold or flips??