Carter Bushman
Property Manager ran off with Security Deposists
Quick question for y'all.A friend of mine is renting a townhouse in Provo, UT. He just found out that the man hired by the property management ran off to Russia with all the rents collected that month as well as all t...
Patrick M.
When a Recession Becomes a Windfall
Here is the average breakdown of Unemployment State-by-State with the additional $600 boost. New York Times today.Boy can you imagine the windfall when all those landlords forgive rent!
Alex Freelove
Tax/Entity question with W2 job
Scenario: A W2 employee (family business) makes bonuses upward of $50,000+. When that bonus comes through, it gets taxed heavily ($23,000+). Is there a way the employer and employee could form an LLC together and have...
Maria Villamar
How to legally structure a wholesaling team?
My friend wants to join a real estate agent in Philadelphia, PA who also does wholesaling but isn't sure on whether or not to do "business as" herself to report income from wholesaling or if she should request the ag...
Daniel Evenchen
Extracting cash flow from a self dircted IRA using LLCs
I am thinking about transferring my various IRAs into self directed IRAs to purchase investment properties. I would like to create an LLC that would "manage" these properties so that I can extract about 70% of the pos...
Brian Elston
so my AGI when doing deductible hurt my chance of a loan
Wanted to do a first time home buyer house hack FHA but being a 1099 by writing off Semi truck purchase hurt my 79k down to 25k. Even if I do those Non traditional loans they don't do fha and I doubt any will offer lo...
Patrick Flanagan
False Google reviews
I was curious what you do when someone spams your online google reviews with negative comments? Is there any legal action you can take or a way to remove the false reviews? My Mom is having an issues with an employee ...
Douglas B.
Can someone explain the benefits of rental income tax savings?
I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...
Chris DeTreville
Property Managers Survey
This discussion is intended to gain some insight on how property managers from around the country run their business. I am going to ask a bunch of questions- and if the property managers here on the site can answer t...
Jessica Hunt
Doing a small amount of property "management", legal questions
So, I was hired by a partnership in Missouri to manage some of their rental units. I currently only manage 4 of them, but I don't have a real estate license or broker's license. They hired me because I had expressed i...