Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...
Time to file your 1099 forms but not to everyone you pay. So start cleaning up your books and excel file to identify whom you have to issue the form.First you should have a w-9 form filled out by anyone whom you are g...
I recently purchased an investment property with cash from my in-laws. The plan is to pay them back but I am worried they may not declare the interest income. I plan on having a frank conversation with them about it b...
Rented my first rental property recently and now tenant is not paying rent. Did not pay Sept rent's and Oct's rent is over due now. She moved into the house in Aug and paid first month's rent. The house had issues and...
I bought my duplex 3 years ago as a house hack (before I knew what a house hack was). I inherited tenants who are fantastic. Quiet, clean, always pay rent a few days early and have been okay with hefty rent increases ...
I have some issue with a property that I hope one of you guys can answer. So long story short, I closed a property in dec, 18, 2018 with a closing attorney, and with the closing statement, I have a title insurance bin...
As I understand it, 1099s are required for anyone I pay $600 or more during the year for my rental property investing. I have a few questions about the exceptions though.
1. Do 1099s have to be sent to cities or coun...
My tenant is refusing to pay rent because of a heat issue. Her rent was due on the 6th which is the same day I was informed of the heat issue. She has heat upstairs but the downstairs temperature will only go to 6...
Hello, I am in the process of getting pre-approved for my first investment property loan. I am being told that I need to buy down my interest rate, which is very surprising to me. I thought that was only the case w...
Hello! I have a tenant that wants to move out, and refusing to pay rent. I need an attorney to handle this. Due to plumbing issues he claims that property is “inhabitable” and says he will leave without paying. I offe...