7 November 2020 | 3 replies
LLC is no benefiting if you have one or two properties, but task benefit especially OOS and liability at ease.
6 November 2020 | 8 replies
However, be prepared that if they dispute it, you'll have an almost impossible task proving to the judge who might be responsible, especially in a house rented by the room.
6 November 2020 | 4 replies
He goes through literally every step of a rehab and provides this info:1. overview of that system in a house2. tips for inspecting that system3. tasks to fix problems for that system4. costs associated with those tasks
6 November 2020 | 2 replies
My question is, besides the regular maintenance requests from tenants and make ready maintenance in between tenants, what are some good scheduled maintenance tasks for a property that saves you on costs in the long run?
11 November 2020 | 41 replies
I will just comment as a moderators, we ask people in the forums to not recommend illegal activity to others.
13 November 2020 | 36 replies
If I work a regular w-2 job they will come out of my check, if I sell crack it will be collected when I buy whatever I buy, minus the crack of course, that would remain tax free as it is illegal.
12 November 2020 | 3 replies
Third party appraisals are the one thing that assessors will listen to from my point of view.If is is correctly assessed I'd recommend spending your time trying to find more deals or higher value tasks.
19 November 2020 | 6 replies
I would not address the LLC item until you identify the home as your attorney will be able to execute on this task and prepare the Operating Agreement for you to operate your property out of.
13 November 2020 | 12 replies
Then, when you go to sell, your taxes will show everything including the depreciation unrecapture (which some will squabble about depending on how the yearly cuts were made).I don't believe there is any illegal about gifting money back and forth.
14 November 2020 | 7 replies
All of which I listened to yesterday while working repetitive tasks at my 2 w2s.