Enkhbaatar Enkhzul
Legal and financial questions about REI as a DACA recipient
Hello,
I didn't see a post concerning how DACA, defered action for childhood arrivals can affect REI, so i want to get thoughts on a couple of concerns of mine before i started my REI career.
Before that heres a sum...
Christopher Erwin
How to Get a Mortgage without W2 Income
A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...
Bryce DeCora
Purchase Property Subject-To With an Existing Lease to Own Tenant
I work investments in Snohomish and King counties in Washington State and have been approached by a seller who wants to sell their property rights (easy enough). However, this seller has a lease to own contract in pl...
Jessica Farrell
People on disability and have a payee
I currently have a Tenant that his mother is his payee he was supposed to pay rent this month instead he decided to up and break the lease and move out now my question is because his mother is his payee is it legal f...
Karyn S.
Can I run a tenant by you?
Hi,I appreciate all the advice I've gotten here so far - what a helpful group!!This is our first rental. We've had a ton of interest but only actually received 2 applications (we listed it last week). I've decided t...
Benjamin Shaw
Disabled Vet not paying rent.
Hi BP Friends,
Our grandfather has a rental that is occupied by a disabled veteran. His wife was paying the $800 remainder after the gov paid $350. She left him. Now he only pays the $350 on a $1150 lease. It'...
Roberto Westerband
LLC taxed as S-Corporation - Tax Provisions
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
John Teachout
Turbotax won't offset my rental income with my multifamily syndication losses
Can't figure out why when I enter my significant syndication losses into Turbotax it won't show the losses. I have losses of about $73k and net rental income of about $69k. The turbotax tech said it's because I'm not ...
Mia G.
Denying Tenants Based on Social Media
Can I deny a tenant based on things I find on their social media pages? For example, I visited the Facebook page of one applicant and her most recent post is asking where she can get fake pay stubs made. On another ap...
Uwe S.
Depreciation of Real Estate
Don´t know if this the correct forum here, but I want to know how high can I get a tax depreciation for this year (2010) when I buy an house this month for only $5k for a fix and flip in May 2011?
Thanks.
-Uwe