« First « Previous Comments 21 - 60 of 81 Next » Last » Search
<--- fact, not opinion. You really fucked up TPB. It is embarrassing to see.
WineHorror1 says3) Yes or No? Would tracking your IP address (every remote worker is going to be working on a computer) give your working location
Who is going to track it? And it can be spoofed with a VPN. My VPN shows me being in Toronto, Ontario, for example.
The math difference can be immense. $200k vs $120k or even less. So if there are complications with the home office deduction from this...guess what, fucking forgoing said deduction is probably more than worth it
Ppl work from the out of state secondary homes all the time, ppl. So Podonkia will collect my property taxes on it and just call it a day.
Patrick saysThere are generally rules against renting to groups where the number of people is greater than (the number of bedrooms + 1).
Could be a problem.
Where is that happening when the landlord is only renting out to a single tenant, the LLC or whatever? :)
for $200k a year, and threaten whatever equity might be held in the property proper? The payout would have to be higher,
Rin saysHere's the thing here, you'll need two VPNs. The first is the one which boots up with your desktop and the 2nd, for the work itself (usually given by your firm's IT dept) on the same hardware. Sometimes, these things can conflict in terms of security settings between the differing software tools.
A better way is to get a Virtual Hosting Server where in effect, your workstation is on a server farm somewhere in California and then, using your home PC, you log onto your virtualized workstation & then, you separate your work & home computing environments completely. By doing all, all your IT updates and packages get delivered to a remote desktop far away from home and then, your IT dept knows nothing about you.
Ok. Perhaps I am missing something here, but why would I need that?
I go to a park. Use my cellphone Hotspot to work remotely. Does that mean my legal residence ...
30 ADUs at $5,000/month. 50 people/ADU paying $300/month. The math is $150,000/month for ADU rent with $450,000/month coming in to the LLC/Subletter. LLC income per month = $300,000.
WineHorror1 says30 ADUs at $5,000/month. 50 people/ADU paying $300/month. The math is $150,000/month for ADU rent with $450,000/month coming in to the LLC/Subletter. LLC income per month = $300,000.
Are you talking about 30 ADU on a single property, or 30 ADUs on 30 separate properties?
In Florida you can't just tell anyone that is getting their mail at your address to leave. And if you press the issue, the cops will show up and tell you it is You that have to find somewhere else to sleep tonight.
The City Social workers will love it, because now the bums they help will have an address to have checks mailed to, and addresses to put on forms for other Social Service dollars. The social workers are social service brokers working for their cut.
Not sure why you and the poster had to mix it up like you did.
Tenpoundbass says
so you want to rent your backyard shed to meth heads, and you want to know if that would be cool?
Then you go on to say those meth heads could sublet to all of their street buddies.
How could you possibly lose?
So now you are going from a shed wired up for 'remote access' wtf that means to this shit. Nice.
No. Because nobody will actually be living there, except maybe one sublet tenant at a time. Just like with AirBnB'd units.
Why? Why would the IRS give a flying shit? Local zoning and residency limits enforcement is not their beef. They only care that they get what is taxable from all that and that it isn't money laundering.
TOk, tell me how this doesn't work.
RWSGFY says
Aren't there laws regulating how many people can legally live in a unit of a certain size?
Sure, slumlords violate them all the time, but if we are talking "strictly above the board" model this would be one of the obstacles.
How so? Not enforced proactively. Only if neighbors complain/report. Which they won't because at most would be one person/couple showing up at a time, much like if it were AirBnB'd.
Even the authorities in SF don't care when units are converted to de facto dorms.
And in this case, all that exists on paper at the landlord end is the lease between him and the out of state LLC/Corp that is subletting out.
I can see rent control becoming a real thing all over if the only alternative is massive homelessness.
« First « Previous Comments 21 - 60 of 81 Next » Last » Search
Note: That means you have to actually fucking read through this and familiarize yourself with the details. Don't post critiques that only prove that you didn't do so. I will rip you a new asshole if you do.
But otherwise...rip away:
Can't wait until someone figures out a way to get people to rent their ADUs out to a firm that then sublets it to 50+ remote workers. That way, they can all say they work in Palo Alto, etc, pay CA income taxes...the works. They have official residence status and get paid Cali wages. But the ADU won't be physically used except on a first-come-first-served basis for when any of those subletters have to actually show up for one of the times they have to be in town. And it is not like the neighbors will notice this and complain to authorities, like they occasionally do when they notice apartments have 8 people living in them. There will only be one or maybe two people staying at the ADU at any given time, as is legal to do.
I would pay $300/month for that. Esp if I moved to a no-income tax state.
$300/month for 50 subletters = $15,000/month for the ADU. I am surprised homeowners haven't set up an LLC to do just that with their ADUs.
Again, before some of you pick holes in nothing because you didn't pay attention to the above details (which are everything):
ADU owner 'rents out' his unit to an LLC/Corp entity. Esp an out-of-state one, preferably. That firm then sublets the flying fuck out of it to 50+ remote workers. Think of this as sort of like a remote worker AirBnB. It's like a timeshare, where if the subletters want to actually use it, then they have to reserve it and pay a cleaning fee, etc to use it for a short period of time. All reserved up so other subletters can't use it when they want to? Easy, they go to Motel 6 while in town. Early bird gets the fucking worm, assholes!
This way the unit is legally rented out to one tenant as far as what the homeowner is on the hook to report or care about, technically. Even if the homeowner owns the tenant legal entity.
I suppose that the State would figure out that 50+ people 'live' there because of what they report on their tax forms and driver licenses, etc. But apartments with 10+ people also show up in those records (migrants...both legal and illegal) and they don't give a fuck about that.
Any other holes in this?