Amber Masterson
Is it normal for a PM to ask for your social security number?
Is it normal for a PM to ask for your social security number? They said often times they are required to provide either an EIN or a SSN to some utility companies. They also said they may need it when processing other ...
Hassan Mahmood
Refusal to Provide Social Security on Application - Can't run credit and background report!
Hey all, I just purchased a two bedroom condo in Atlanta, GA and this is my first real estate purchase and I am trying to rent out one of the bedrooms. I recently met someone who is interested in renting the bedroom, ...
Dan Miles
Screening undocumented immigrants
How do you all screen illegals for a rental property? They have an ITIN but no social. Can I ask the police to check for something?
Nate Marshall
Home Title Theft and Synthetic Identities
Just FYI,Home Title Theft is real and easier than ever. Scammers are also able to create synthetic identities. They can create a fake birth certificate and get the Social Security Administration to issue a social secu...
Ben Bourgeault
What can we expect to happen baby boomers retiring this year
What can be expected to happen in the real estate world with the first of the baby boomer generation being forced to draw on social security this year? and how can a real estate investor capitalize on this?Thank You,Ben
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Abdenour Achab
Is it legal to pull Credit Report of an existing borrower
Hi,
Somebody I loan money to has signed a promissory note, but not an authorization to check her credit. As her lender, is it legal for me to pull out her credit report now without her authorization ? Both of us live...
Gonzalo Cabrera
OK to setup a Corp/LLC to manage rental property that I own perso
Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...
DL Martin
IRS view of taxpayer intent.
Sorry for the clumsy thread title.
I have searched the forums here but still do not have a clear idea of what makes someone a "Real Estate Investor" vs. "Real Estate Professional."
In the interest of br...
David Wan
ssn mismatch
Hi folks,
When I check one applicant through mysmartmove.com. It shows SSN mismatch. The credit score is over 800 and no other problems.The system suggests that I accept.
Should I consider accept or decline?
Thank...