David Vaccaro
Income / Debt to High to Refi
15 April 2020 | 11 replies
Among the things that ended up being required of me to build up my DTI: a). pay down all credit cards to zero, b) file for social security despite not needing it yet c) take my first 2 mos. withdrawals from my IRA (not needed yet either) d) two of my different SFR tenants have started "home preschools" which landlord is required to accept under Calif. law, and one was backed by a major corporation, but the loan had to be switched to a third property because the HUD (I think) guidelines which allow the lender to re-sell the loan won't allow for "care homes" or "pre-schools" on the property.
Melissa Brown
Experian account does not contain my rental address
6 April 2020 | 2 replies
I have an account with Experian and for some reason they deleted one of my rental addresses from my profile , and now I've been trying to add it again , plus change another wrong rental address.I called Experian and they said I should contact my creditors ( I have no mortgage) , and ask them to contact Experian with the correct addresses in the form of a letter.I have one bank account cc on file at Experian and they said I could contact them to do this (just a regular bank).
Gordon Starr
How could I file sole proprietor plus eidl
7 April 2020 | 6 replies
Well now is the time to file and I want to ask.
Account Closed
Land Improvement, Rental, and Flip
5 April 2020 | 0 replies
I would have filed a 1031 exchange and reinvested the money from the sale to buy another property to avoid paying taxes.
Phil Chow
Transferring to partnership LLC Tax filing Help
6 April 2020 | 1 reply
I understand that I have to file the LLC taxes (1065) before filing my own.
Lily Lee
Tax for hiring kids to help rental
7 April 2020 | 4 replies
So This was me when I was a wee lad, and the way we did it was my dad issued me a 1099, I believe there are limits where the child may not have to file a tax return, but I filed anyway because I was able to put that money into a Roth IRA because having a Roth IRA at 13 gives you so much time to compound that money tax free.
Christopher Freeman
House Hack Evictions during CoVID-19
9 April 2020 | 1 reply
@Christopher Freeman so sorry you are dealing with this, but as you know, there are no evictions being filed at this time.
Chris M.
Post Auction - Lowering Your Tax Bill
23 April 2020 | 4 replies
You have to file an appeal.
Daniel Dietz
PPP Programs AND Unemployment Benefits at the same time?
27 June 2020 | 3 replies
I am NOT usually able to qualify in my state, but I do believe I would be eligible for the 'bonus $600 per week'.If I file and get the unemployment, and THEN the PPP funds come through at some point, can i continue the unemployment since "I am not working" (being under the shelter in place order) of do I need to count the PPP payments as 'working income/wage'?
Chad S.
Looking for a digital chicago lease tenants can e-sign
9 April 2020 | 8 replies
Hi Chad, you simply upload the pdf file of the lease (you can scan it or shoot me a DM, I have one for IL) to one of those sites, HelloSign is another that I use (3 free documents/month).