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10 May 2020 | 17 replies
Each time you add another property to the same LLC it opens those properties to exposure in the event a law suit occurs.
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9 June 2020 | 2 replies
We would like to stay away from paypal, venmo etc since that creates problem during unfortunate events of eviction process and tenants can basically do small payment and delay whole process.We always turned to wise community of Biggerpockets in times of confusion and this is one of those types.
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12 May 2020 | 7 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
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11 May 2020 | 2 replies
I understand that this would be a taxable event and I would be required to pay taxes for this conversion.
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9 May 2020 | 2 replies
Real estate is always slow to react to current events.
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11 May 2020 | 11 replies
Catastrophic weather events, fire, etc. can also happen.
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10 May 2020 | 5 replies
You can never insure enough in the event a catastrophic event happens at the property.
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9 May 2020 | 7 replies
In any event, I'm on the edge of my seat watching what each of them do in these strange times.
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10 May 2020 | 14 replies
In any event, it all seems good enough that I’d feel comfortable moving forward once you get positive landlord references.
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13 May 2020 | 7 replies
And supplies from Home Depot.In the event that I'm audited, would my credit card statements and copies of the checks I wrote to the contractors be enough to support my expense claims?