Salim Bhuiyan
1065 or 1040 Schd E for Trust-based LLC
8 March 2021 | 7 replies
Usually a living trust is treated as a disregarded entity, and a husband and wife LLC if established correctly can be treated as a qualified joint venture so it seems as if you could report your combined rental activity directly on schedule E (i.e., no partnership reporting required).
Amber Roy
Joint Venture Partnership Structure for Rehab > Short-Term Rental
5 August 2021 | 2 replies
Hey all! Long story short, I have been living abroad in Italy for nearly 2 years, and after sharing my experiences in the Italian market will fellow investors they are wanting to partner with me on future projects her...
Peter Ricca
Two tenants one wants to pay a year in full, what do I do?
8 March 2021 | 5 replies
Simply explain to them that rent is always 'joint and severally liable' meaning it doesn't matter where the $1,500 doesn't come from for the month they both get evicted.
Derek Olmschenk
Financing a LLC in Minnesota
9 March 2021 | 18 replies
See B5-7-01, High LTV Refinance Loan and Borrower Eligibility for additional information on these loans.The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae (a multiple unit property counts as one property, such as a two-unit);the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).
Lloyd Segal
Economic Update (Monday, March 8, 2021)
8 March 2021 | 0 replies
Health care jobs in February rose 46,000 while retail added 41,000.
Gray Harrison
Hello From Texas! Man I love this BiggerPockets Community!
25 March 2021 | 9 replies
In 2007 our first-born son came into the world with many health challenges and ultimately needed a heart transplant at 7 days old.
Gil Happy
Need Lender Recommendations For Single Family Home
9 March 2021 | 10 replies
Health and safety code violations?
Austin Helie
Off market deal - 10 years vacant
9 March 2021 | 5 replies
She moved due to old age/health problems/wanting to downsizing.
Matthew Scott
Chicago tenant issue
10 March 2021 | 4 replies
If it is an urgent health and safety issue, then you do not need 24 hours notice.
Kristin R.
Apartments.com Identification Verification - personal or business
22 April 2021 | 1 reply
We have another property that we own jointly under an LLC.