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21 October 2024 | 13 replies
I've been reading about LLC protections and many sources that seem to be reliable say that a single member LLC is useless and judges pierce the corporate veil on these all the time.
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20 October 2024 | 9 replies
This is alot of hard work, the hardest.
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2 November 2024 | 8 replies
Hey everyone, First timer here to BP but already loving the networking and knowledge in this group.
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2 November 2024 | 3 replies
Even google doesn’t have a street view of the house, so I need to be conservative here.Do I have any leverage in this situation?
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24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you) Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form: https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.
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2 November 2024 | 19 replies
This is the total of all sources of income in an investment.
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1 November 2024 | 17 replies
This depends on the lender and what is charged in the orig fee.
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1 November 2024 | 13 replies
Hello all, not sure if this the right location to pose this question, please let me know if there is a better category or location to post in.
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1 November 2024 | 7 replies
Otherwise a simple $50 late fee penalty in the lease should cure you of this issue @Phil Shelton
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3 November 2024 | 4 replies
HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.)