
21 April 2020 | 66 replies
I had a tenant who did $15 K of damage breaking windows and all of the doors, ripped closet doors off the track and broke all of the furniture including glass table tops because they were having a fight.

11 May 2020 | 10 replies
@Sandeep JainYou should get an appraisal/valuation done on the property so you and the partners know how much the property is worth today.Transfer/contribute the property into an LLC and have the others investors put in a contribution(Cash).Speak to an attorney about drafting a partnership/LLC operating agreement.Speak to an accountant about preparing a partnership return and providing a K-1's to each partner/investor on a yearly basis.

16 May 2020 | 11 replies
Originally posted by @Rob K.

19 April 2020 | 6 replies
@Nathan NanceYou are required to report the information on your K-1 onto your tax return.

21 July 2020 | 47 replies
@Vaughn K.

17 April 2020 | 4 replies
Note failed to display above.

20 April 2020 | 6 replies
Government allows anyone with a qualifying employer plan such as a 401(k) or 403(b) who has been affected by the pandemic to take a penalty-free loan of up to $100,000 for things like personal, business, or educational expenses up until September 22, 2020.