All Forum Posts by: Billy Rogerson

@Blake Meester Thanks!  So to make sure that I understand what you're saying, this year my partnership return is due on April 18th, but next year it will be due on March 15th?

Tax Question: I formed a 2 member LLC in 2015 and purchased a building with it. I was just told that since it's a 2 member LLC that it will be taxed as a partnership, and given the changes in filing dates this year, I will need to have my taxes for the LLC completed by tomorrow. I've researched this online, but seem to be getting conflicting information. Does anyone know whether or not the LLC needs to file it's taxes by tomorrow, or whether I have till April 15th to complete? Thanks!

@Roy N.

Thanks Roy.  Her credit is strong enough to carry the lease, and most of his poor history is in the past.   It makes sense to me to put him on the lease, but I was looking to see if others agreed.

I am new to land lording, and found a tenet for my home in Pittsburgh last month.  At the time, she was only applying by herself, and everything checked out for her, credit, background check, etc.  Now her boyfriend would like to move in as well, but after running a background check on him, everything checks out except for his credit.  

Her credit was good enough for me to feel comfortable that she could pay the lease herself, but now that her boyfriend is hoping to move in, and he does not have good credit, I'm not sure what to do.  

Should I be concerned about his credit and not let him move in?  Or, should I have him sign the lease as well, and not be concerned?  

Thanks all for the welcomes! I'm looking forward to getting involved and interacting with you more in the future!

I grew up in Massachusetts, but have been living in Pittsburgh for the last few years. As of yet I have not made my first investment in real estate, but I am hungry to learn and I am currently trying to educate myself on the type of investing that would help me achieve my long term goals.

I am employed full time as a sales person for a medical software company and I love my job, but I am looking to start investing in Pittsburgh real estate one the side in hopes of one day generating enough income that I could live off of it.

Looking forward to being part of the community,

Billy