All Forum Posts by: Frank S.

Is this a thing that people are doing? How would you be tax exempt? You're not collecting sales tax on the sale of the house, nor are you reselling specific goods.

@Frank S.   When I did the dba form there were some papers the county recommended, or maybe I just googled "publish dba" they were papers you've never heard of; I don't remember which one my listing was in.  To long ago to remember.

You can run but you can never hide.

You are wasting time and effort hiding from people with a DBA or LLC unless there is something in your past that will make it difficult for you to do business.

Not sure what you are hiding from but it won't work. Honesty is always the best policy especially with contractors, defiantly when dealing with tenants.

If you fear identifying yourself you may not be cut out for this business. I know this is not the topic of your thread but you would be farther ahead simply not trying to hide your identity, it serves no purpose.

Is this a thing that people are doing? How would you be tax exempt? You're not collecting sales tax on the sale of the house, nor are you reselling specific goods.

I know I am most likely making enemies. I don't disagree with your points here about raising rent, and getting attached. I do think the CDC and Freerepublic links are far out dated (2004 and 1995), and the dogbite.org is literally an organization set out to abolish pit bull ownership. Not my idea of a reputable information source.

Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to take care of their side pretty well, so we assumed we would do our best to keep them. They are both on month to month leases and we have plans to adjust the rents to market here soon. The problem is one unit has 2 pit bulls. We have required the tenant to get a renters insurance policy that covers pit bulls, in particular, and asked them to add us and the property manager as additional insured. But now we just found out our insurance company is dropping our home owners policy due to the dogs (they have a strict no vicious dog policy that we just found out about) So we will be shopping around for a new one, not worried about finding another policy for us as my wife is our agent and she's confident we can find another policy for around the same amount. 

Being new to landlording, my wife and I are torn, we don't really want to kick this tenant out since he has been paying on time for 4+ years and the unit seems to be taken care of. However, we obviously don't want to be sued because his dogs get out and attack someone. What would you do in this situation?

Thanks

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