However, there are restrictions: you cannot personally use the property, mix personal funds, or finance it with significant debt without triggering Unrelated Business Income Tax (UBIT).

For pre-foreclosures, reach out to the homeowner directly or through a letter.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants.

The REI meetups have a mix up both new and seasoned investors.

We received this letter from Toledo LMHA Lucas County's Section 8 administrator.I don't know if they had a data breach and a bunch of landlord and client personal information was stolen or if they lost their server and backups.

And can hold the OH property or do I need to create an LLC in OH and then WY LLC will hold OH LLCSecondly , I’ve heard mixed things does WY LLC need to be registered in CA ?

We have walked a few wholesaler deals, looked at the MLS, and sent a few letters (no where near enough) trying to get back into the market.

Under current rules, NOLs can only be carried forward indefinitely (not carried back).Losses from stocks (Schedule D/Form 8949) follow different rules and cannot be mixed with Section 1231 losses.

A lot of them get multiple phone calls or letters in the mail but just keep in mind when you use a Big Bank (FDIC) you "Do not" pay points.

Your contract also wants to require an Estoppel Letter from all tenants.