Joe S.
Using a Texas LLC in Mississippi?
Using a Texas LLC in Mississippi? So I have a company in Texas that is looking to purchase some real estate in Mississippi. Can my Texas registered LLC buy properties in Mississippi or do I need to form a new Mississi...
Vasudev Kirs
LLC for rental property - do I need an EIN/TIN - what is the best way?
Hello,We recently purchased a rental property and created a domestic limited liability LLC (two members - my spouse and I). Title company is asking the EIN/TIN of the entity. Is it better to create a new EIN or is it ...
William Coet
Fannie Mae House - 10 Day Inspection Period, Check Frozen Pipes??
Hello,After a Fannie Mae property is under contract the buyer has a 10 day inspection period as per Fannie Mae rules (see text below from their website). Does anybody know if they will allow pressure testing of boile...
Avi Garg
Need CPA advice: Register OH LLC in WI or WI LLC in OH
Planning to buy a few properties in OH. My commercial lender is based in WI and I am based in CA. I have to pay CA fees and register in either case so no issues here. However, because my lender is based in WI, I have ...
Cody Neumann
Setting up an LLC in Wisconsin
I am in the process of refinancing my first rental property in Wisconsin and the lender I am going through requires I have an LLC because I do not have a W2 income.
My question is what has everyone found to be the be...
James Jacobs
New Deal Tenant Issues
I don't have any rental properties yet, but have been doing research for a couple months now and want to dive in. I found a potential deal on a duplex that I like and am investigating more thoroughly. My analysis show...
Mike Row
using an electric tankless water for heating small apt???
Has any one tried using an electric tankless water heater for heating ????I have 1bd 600sqf unit the heat calculation calls for 25k btu, NO boiler is made below 50k, I have radiant pex in floor heating, so my temp can...
Alana Adcock
Tenants separating and moving out early, deposit is in question.
I can't seem to find this info anywhere else, and I'm curious if any of you have encountered a similar situation. I have had a family in a property for a few years now, on a month-to-month lease since moving in. They...
Bryan R.
Save 9% on your taxes!? Section 199 Deduction
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Isaac Braun
Tenant quit job and is leaving before lease is up
My tenant is going through a divorce and has decided to quit their job and leave the property. The lease isn't up until May 2019. What is the best plan of action legally. This was a very qualified tenant with grea...