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QUESTION: CAN I, LANDLORD, WITHHOLD THE LAST MONTH'S RENT ALONG WITH DAMAGE DEPOSIT FOR DAMAGES IN FLORIDA?I searched previous discussions and couldn't find this question, somehow.The specific story if it matters:Purc...
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I have a commercial building sitting vacant on a MHP I just purchased. It used to be a laundromat, but has been closed for several years. The rear of the building is a 2 bedroom apartment.
I was contacted today by a ...
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My husband and I just founded an LLC to hold our first investment property (triplex). I am thinking to elect federal taxation as a sole proprietor (which is possible as a married couple in California). I am a bit unsu...
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My wife and I currently own 1 unit in a 3 unit condo building. We are pursuing a second unit in the building and will need to put our current unit in a LLC. We will continue to live in this unit and rent out the uni...
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I have a single property with two homes on it- I live in one and the other has consistently been rented for the past 6 years. Their have been occasions when both houses were rented and I did not live in either. If I ...
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Hello,
I'm brand new to the bigger pockets community. I've worked in the Television and Film industry for the past 11 years. I've decided slowly back away from the industry and repurpose all time and energy into rea...
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Hi All, I am looking to get obtain critical legal advice while creating a key team around me moving forward in the buy and hold real estate process. I have some questions on the methods of utilizing an LLC while inves...
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So here is the scenario....Utility bill comes to my address (these specific utilities are in my name), I pay for them so that they are on time with no late fee. The next month the tenants reimburses me. Wouldn't the r...
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I could really use some advice. I've let my step-brother stay in my rental property rent-free in exchange for him working and fixing that property. He pays for utilities. It is a great place. Recently, he messed up wi...
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I am just getting started in wholesaling and I have a few questions about setting up my LLC. I am planning on going through the state since it only costs $40.00. First, can anyone recommend a good inexpensive register...