Question..... Does anybody know if a bank will qualify a sponsor that has the net worth but does not have a schedule of real estate? I'm wondering if I could use a family member with a high net worth on my larger mul...
Hi everyone, How long does eviction take in Kansas City? In California, where I live, it could take a long time. And tenants have many tactics to slow down the process. What is the situation like in Kansas City? Do te...
I was reading about how the IRS is going to be more stuck on Venmo, Cashapp, Zelle, etc. for collecting rent from tenants. I wanted to get some thoughts on this and even if it is true? If it is true what other payment...
Hi, I invest in tax liens in Arizona. I received a good amount of interest on my Pima County tax liens in 2015, and they sent me a 1099-MISC. I thought it should be reported as Interest Income, not Miscellaneous Inco...
Have tanent who paid rent for continuous 3 months ( June - sept) in 2023 but didn't pay rent for rest of the year and didn't leave the house and end up with eviction process, so for rest of 3 months of the year we di...
Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
A friend is considering selling a duplex purchased at the bottom of the market. They're not interested in a 1031 Exchange, they want to sell and be done with investment properties.They are not opposed to seller financ...
I'm running into some problems with my rental property in GA, and I wanted to see if anyone here would be willing to provide some advice/suggestions on how to handle this situation regarding HOA fines. I purchased thi...
Hi all,My wife and I bought a 2/1 condo in 2005 for $435K in San Mateo, CA. Due to our children's schooling situation we had to move into a San Francisco rental and rent out the condo which we have done since 2010. We...
Hi everyone!On a seller finance deal, what does the seller report as income? Is it upon the sale of a property... or is it on a Cash basis, that is, only when cash is actually received?For example:Purchase Price: $1...