All Forum Posts by: Matt Sullivan

I've acquired my 3rd property recently and I still have them all under my SSN as a Sole Proprietor. I know it makes more sense for legal protection, taxes, etc to have these properties under an LLC, S-Corp, or another legal business, but I'm not sure what that process looks like. I'm looking to continue purchasing property, but want to scale the correct way.

I'd love insight on how others have made a similar transition so I make a few mistakes as possible. THANK YOU!

I really appreciate the insights here. I'm a fairly new landlord so still figuring everything out. I'm going to make this a tenancy at will so worse case I can get the place back in 30 days if needed. 

@Brian Lucier - Such helpful information, thank you SO much!

@Andy Webb I’ve never had the apartment deleaded... I know tenants can force landlords to delead if there are concerns with newborns or toddlers.

Long story short, there’s two tenants. One just moved out so I need to do a new lease agreement with the tenant staying and their new roommate... the tenant staying just got a new girlfriend pregnant. She’s not on any lease paperwork and not the new roommate, but has been staying there frequently. I want this to be temporary as it’s a very desirable apartment... it’s kind of a messy situation but I want to go about it the right way

LOL! Ok, so much for my rookie post... Thanks for the wise insights Greg

I know you can't say "no children" as it's discrimination, but I believe you can state Adults Only. Is this true? Also is it different from state-to-state? I'm located in in MA