I'm playing the roll of property manager for a 4plex property my partner just closed on 2 weeks ago.
At the time of closing 1 tenant had not paid rent and I understand this was chronic. This was also bought owner occ...
Could someone clarify when I need to issue a 1099?1. I hire a contractor to install A/C in my rental.2. I hire someone to rake the leaves in the yard.3. I hire a landscaper to mow the lawn every week.Is an invoice ...
Hi everyone,
I purchased a 4 unit multifamily property in Dayton Ohio in June 2021. After a challenging start, the property has been performing reasonably well.
The property tax each half of the year for 2021-2022 w...
IRS Extends Tax DeadlinesThe IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are desi...
We purchased a 2nd lien, and by the time it was transfered, we passed the date to file as a secured creditor due to the prior servicers attitude of most will not make it through CH 13, and they are over 2 years into t...
Hi BP! So I am wondering if there is a limit to how much your real estate tax can go up in a year? I am going to guess there is no limit, but was just hoping. I purchases a property and got the taxes lowered by get...
Folks, hoping someone can clarify a few things about deferred gains for me. I'm in a 1031 as of a few days ago and I'm trying to figure out how much capital gains I would be liable for if I decided not to actually exe...
Hello Everyone!I was once threatened by somebody (a wholesaler with whom I had a contract to sell my property, the contract expired and I did not extend that contract) that he would file a notice of interest on my pro...
There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.
I ...
I am about to close on a Note purchase in OH. I read a post by another Note buyer that he ran into a problem recording his Deed in Lieu because he had not registered his out of state entity with the State of OH.Has a...