Donald S.
SDIRA UDFI tax question
Hi all. If I open a SDIRA rolled over from my TSP, about 66% traditional and 34% Roth if that matters, what tax hit am I looking at if I use the money to purchase by and hold rentals, using debt financing? For easy n...
Lana Lee
Tenants not paying gas bill.
I am participating in Landlord Cooperations Program in Philadelphia provided by PGW- gas company. Just received an email from them notifying me that they are going to shut of the service in 10 days and they might need...
Ed Long
Cap Rate - The Real Number
I've worked with dozens of agents and dozen of investment property owners and their constant misrepresentation of cap rate has lead to this post. I have YET to see any one of them provide a proper cap rate and just w...
Mark C.
Forming an llc in Maryland for first rental property
I am about to buy my first rental in Baltimore metro area. Is it as simple as setting up an llc on zen business or should I hire an attorney? Is there a way of keeping myself anonymous from the renter?
Devin E.
Do i provide a W9 when renting to a business
Good afternoon, I have a friend that is renting her home to a business in Texas and they have requested a W9 from her. Is this standard practice when renting to a business? would they request this form at the beginnin...
Constantia Petrou
Tenant put in yard irrigation system
Hello,Yard maintenance at the house we are renting out is the tenants' responsibility. They basically need to be watering the plants regularly. While we were away they decided to put in a sprinkler system to automate ...
Josh Madigan
Smoky Mountain Airbnb Tax Collection Question
I use MyLodgeTax (Avalara) to assist in my collection and remitting of state taxes for my Cabins in Gatlinburg and Sevierville. I'm not sure I am collecting the correct amount from Airbnb. According to Avalara, Airb...
Tangie A.
Tree Guy Put A Hole In My Roof
Yep......just what the title says. I'm having a tree removed from one of my properties and the tree company accidentally dropped a limb which hit the roof and made what he described as a "hole" in the roof. I'm lite...
Richard Miller
Investing Mentor: Should I get one?
Hello Everyone,I have a few questions regarding having an investing mentor:1. How many of you either currently have and/or had an investing mentor?2. If you did, did it provide you any benefit and what was the benefit...
Patrick Dundon
Utilites
Hi All,Just bought my first two family home. Since there is one heater and one meter, the heat and electric will all be in my name as the land lord. I understand I will need to price in the costs and I can call the ap...