Mike Daniels
Carlsbad Flip Property
7 January 2025 | 0 replies
Purchase price: $1,300,000 Cash invested: $130,000 Sale price: $1,650,000 We work with an investor who purchases the house and secures a deed in his name.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Question is: if I have one of these LLC (owned husband and wife, in a non-community property state), but it's a just a passive LLC - such that all it does is owns public securities (ie, our brokerage accounts are titled in the name of the LLC), does the same rule apply?
Marc Shin
where to list an MTR besides Airbnb
9 January 2025 | 7 replies
If you see work crews reaching out, ask the person in charge of securing housing where they go looking.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The online eFile providers can do it for you, sometimes for free.Warning: Email is NOT secure, and you will expose your contractors to unnecessary risk of identity theft.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
It's simply factual: you violated the lease by smoking, stop it, remove the resulting odor and that a repeat action could result in eviction and loss of security deposit.
Wesley W.
Lease up prospective tenants whom have not given proper notice to current landlord
25 December 2024 | 3 replies
@Wesley W. I
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.