Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.
Christopher Smith
UPREIT any personal experience?
22 January 2025 | 10 replies
Originally posted by @Joe Sera:@Christopher Smith when you 721 into the UPREIT you receive Operating Partnership Units (OP Units).
Holly Radice
Unpaid Utilities on Potential Deal
22 January 2025 | 4 replies
We requested utility bills and after some time finally receive them.
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Alissa Schmitz
Has anyone tried TurboTenant's maintenance program Lula?
31 December 2024 | 8 replies
So, communication and assignment issues, as well as not being able to explain the maintenance issues and the required work.3) Proper documentation and quality of work issues.
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
This is a straightforward and common approach.However, make sure to document the change in the lease renewal or addendum, specifying the new security deposit amount.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
Quote from @Jessie Matlock:One of my main questions is, I've been told I'll receive a K1 statement and that my monthly returns will be tax free. 1) Is it true they will be tax free?
Treza Edwards
Kiavi Funding Lender
15 January 2025 | 9 replies
They don't ask for any documents just do a credit check and you fill out their application.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
It was a personal referral, received a credit at closing for renovations as well How did you finance this deal?