Brian Karlow
Is tenant responsible - need opinions
I need some opinions from the community....My tenant informed me today the front door was kicked in by her daughter's 19 year old boy friend when she would not allow him into the home. Upon arriving home from work, my...
Reese Thompson
Tax Loss LLC Filing
I'm preparing to file my taxes for my LLC. Since we didn't have our rental units yet for last year, the only cash event that occurred was the cost for forming the LLC. Total amount was less than $500, so I'm wonderi...
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
I am an investor starting my real estate journey. I am about to begin purchasing rental properties in Alabama (Birmingham) and rehabbing and renting them. Based on your experience or expertise, will an Alabama State L...
Alex Bekeza
Guy down the street goes to jail for $billion RE scam (SOCAL)
We used to see these guys in the same restaurants we'd hit on our lunch breaks on Ventura Blvd. Remain diligent on where your money is going!https://www.latimes.com/business/la-fi-shapiro-woodbridge-ponzi-arrested-20...
Phillip Scalise
Do tou pay monthly Lawyer/LLC fees?
Hey guys, I currently work with Royal Legal Solutions, out of Texas, to set up my LLCs and deed properties into them. I’m charged a monthly fee to “maintain” them and $550 to deed the properties into each LLC when I p...
David Hedges
Does TX have personal property tax on rental property?
I purchased a property in TX last summer, and now that I'm filing personal property tax forms on my properties in Indiana, I'm trying to hunt down if I need to file in TX also, and if so, where I find the forms.
Po Chan
Best way to resolve problem caused by title company
We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off. The loan wa...
Dustan Marshall
loss with no income...?
I am new to RE investing and I am concerned about how to file for 2013. I will be closing on my first rental property Dec 5. 2013. I will be doing around 7000 $ in "repairs" and "improvements" as well as other as...
Scott Reynolds
Ways to figure out HELOC amount on a first position lien
Thinking about bidding on a house (for a personal residence), which is somewhat complicated with four liens against it. The foreclosure auction is actually for the second position lien, which was a private business lo...
Tyco Bronye
Chapter 7 Bankruptcy
A friend of mine claimed chapter 7 bankruptcy about 6 months ago. It was the result of a down payment loan he made on a rental property back in 2007. He makes money playing poker. He told the bankruptcy place that ...