Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
Rachel H.
Unresponsive Tenants - Help!
4 January 2025 | 4 replies
I understand I cannot legally require them to respond, unless the notice specifically requires it, like for instance, a notice of entry, but it's making it difficult to manage the property, and I'm not sure how to proceed.
Makan A Tabrizi
Apartments.com Providing Residentscore
3 January 2025 | 11 replies
My state has a good court website where I can better do my own background checks for free so that isn't an issue.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
Janet Behm
Federal Appeals Court Mandates BOI Filings: What Real Estate Investors Need to Know
23 December 2024 | 0 replies
Beneficial Ownership Information is back on the table. Register your corporation by 1-13-25
Timothy Parish
Solo 401k IRA
2 January 2025 | 2 replies
Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).
Katie Lyon
Collections or Small Claims Court?
9 December 2024 | 4 replies
I don't know what area you are in, but generally just take them to Small Claims Court.
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
17 January 2025 | 8 replies
Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Being fairly new to land lording I felt the need to gather a bit more insight from other seasoned professional with how to proceed, but you're absolutely right.