If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.Have you taken care of business?

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

To maximize your chances of success, recommend sharing that and the percent increase in taxes & ins with tenant and asking them what they think a fair increase is.- If they say $0-$50, you'll have to get rid of them at end of current lease.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.

I can totally see why you may have felt ashamed, but the reason these forums exist is to share information.

Share your thoughts and experiences on why Florida might be the perfect spot for your next investment property.

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

The Corporate Transparency Act (CTA), which requires businesses to report Beneficial Ownership Information (BOI) to combat financial crimes, is now facing uncertainty due to a recent federal court ruling:What Happened?

@Chris Seveney Can you share more on that? 

I'm not sure if I can share his info here, but I'd be happy to share his info along with some other recommendations.  

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.