Thanks for your answer.
I have two banks suggesting a DE SPE, a mortgage broker (not mine) tells me that is not uncommon.
I like the idea of moving the property into a DE SPE (as an LLC), but my concern is that I do not want any tax disadvantage. Property right now owned by my wife and me and...
My wife and I own a rental property. We need to refinance. We have a really good offer from a bank, but they require us to move to the property into a Delaware SPE.
We would make it an LLC.
We have paid down the house a bit and we have had it for many years and depreciated it.
My FL corporation owns a property. Can I represent the corporation in court in an eviction case?
I did a lot of research, but I found no answer.
But in small claims cases I can:
But I could not figure out ...
Evictions cases are civil cases. Does that mean they are not part of small...
Commercial tenant installed computer cabling and patch panel and wants to take it with him.
I inherited the lease, the lease does not say anything about this.
I thought once it is attached to the property it stays with the property.
Does anybody know?
If a property owner employs someone to manage their property, and that employee is paid a salary, as opposed to being paid a commission or on a transactional basis, a broker's license is not required.
I have such an employee.
She managed all our rentals. Now I also want to give her the HOA...
So, can the former owner (legally the "builder" of the condo association) continue to manage it against a fee? I believe not, as he is not an owner anymore and has no license.
Can I have my assistant do it against a fee? I believe so, as she is my employee and I am an owner. (She does...