Maria Balassone
Filing as LLC but never changed Deed/Title. Now we're selling.
It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
Joshua Chen
Real Estate as a Business
What is the difference between doing real estate as a business and just individually investing in real estate?
Wayne D.
Fannie Mae Couting Help - Individually Deeded 5 Unit
I have an individually deed 5 unit property. As this is a 5 unit, I intend to get a commercial real estate loan.Would these individually deed properties each could against Fannie Mae guidelines as well? Would they cou...
Chris Masons
1099 reporting confusion. Question for Tax Gurus
Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...
Sunny C.
Self directed Ira with partner
I have a self-directed IRA and we have found a property that I need to rehab as my self-directed IRA does not have sufficient funds I have entered into a partnership with an individual and we are going to go 50 50. On...
Thomas Beard
Sorting through thousands of APNs
I found a list of county tax delinquent properties over 5 years. I figured this would be a great list to market to for wholesaling opportunities. The Issue I have is that the properties are all listed by apn. The lis...
Rodney Kuhl
Issuing 1099 to contractors
Hello,This is the first year where I have to issue 1099s to contractors as we fixed up a couple of properties in Indianapolis. I have received the W-9 forms from both contractors that we used. As I'm filling out the 1...
Tracy Levy
Skip Tracing recommendation
I am looking for recommendations for an affordable and reliable skip tracing system. As a realtor I don’t need a system like PropStream but I would like to be able to get hold of potential sellers
Leah Hill
Note holder not allowing sellers to sell
Hey all!Happy Saturday! We are under contract on an investment property with a closing in two weeks. However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer ...
Curtis Linville
Visitor over too much? How to proceed?
We are in MO.TLDR: At what point does someone become a tenant? Staying 10 days in a month or must they be consecutive? Does coming over for a little while and then going back home count as one of the days or do they h...