Jordan DeGusipe
PA Sheriff's Sale
Hey guys! Newbie to sheriff's sales. I have some questions.Do any liens/mortgages remain on the houses through a sheriff's sale? We love this one house on the list to be auctioned, but it has a $200,000 mortgage on i...
Michael Plaks
Beware: offshore tax preparation outsourcing
This discussion started today in a Facebook group for tax professionals. According to the thread, this risky practice is getting more and more common among some tax firms looking to cut costs.I realize that people hav...
Tom P.
Creating an LLC for my rental property
Hello. I'm trying to create my own LLC for my rental property in Kentucky. Ultimately, I don't want to pay the $1,400 fee that my real estate lawyer would normally charge. I know I can get it done at half the costs an...
Tam Nguyen
How to Fund LLCs
I'm looking to best understand the best way to fund an LLC. I did an initial seed fund but not a lot of money (just enough to open up some bank accounts). Eventually, I would like to build up the LLC business profil...
Ryan Coburn
Tenant's kid painted walls
I had a tenant who lived in a house for 6 years (i've owned it for 2) and painted a few walls in to almost black. His 5 yr old daughter "painted" doors and a few walls in her bedroom and the master bedroom a splotchy...
Corey Kenney
“Equitable Interest” and Life Insurance
The owner/instructor of where I did my coursework for my REL many years back said something that stuck with me and I wanted to get feedback and clarification or see what people feel about the situation. Here it goes, ...
Cory Melious
How to treat additional tenants on the lease?
Hi everyone. I'm trying to add language to my lease addendum that clearly states additional tenants. We have a tenant moving out who is the sole person on the lease. Evidently, they had their brother and girlfriend li...
Eric H.
Itemized Receipt For Turnover and Charges Reasonable?
I use a property management company I just had my first turnover on my rental property and have a couple of questions.Here is the receipt for the turnover and the cost:Make ready Replaced carpet & padding in livin...
David V.
Unapproved sublease agreement
Hi, I recently moved into an apartment in the state of Maryland with a friend ("A"), and we have allowed A's boyfriend ("B") to live in the place without the approval of the landlord. The three of us have even signed ...
Jack Khorr
Short sale New York/ Nassau county
Trying the short sale a property, owner / father passed away. Found the kids and wen into contract. All of a sudden we saw the property on MLS in New York/ Nassau county listed by the agent for sell and now found out ...