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Results (10,000+)
Jason Khoury Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.
John Underwood BOI requirements back on hold
6 January 2025 | 4 replies
When I filed mine, one of my LLCs threw an error saying it was already filed, which wasn’t correct.
Amanda Bradley 1 yr lease ending 2/2/2025
7 January 2025 | 5 replies
Again check to verify that this information is correct.
Sebastien Lamarche Hello BiggerPockets! New PRO here
6 January 2025 | 3 replies
Asking in the correct forum will get a better response.Read the RULES!
Tyler Davis QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.
Mark S. preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
@Steve Powers is correct that these were mostly originated as owner occupied loans.
Joshua Lanzieri PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
Yes the charges were in fact correct and it was communicated that my budget was $15k.
Zongfu Li Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
We had to make sure we sidestepped them and only added information to the correctly entered, active applications.
Tiffy W. Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I utilize a PO Box as well.It wouldn't be hard for our tenants to find out where we live (tax assessor's online tool) ~ But for $50/yearly ... it gives me a bit more piece of mind :)
Kyle Fitch Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
You are correct that it can be called but you are also usually given the option on either adding to the account or selecting what to sell.