Sean Williams
Quit-claiming from LLC to Personal - What Taxes Should I Expect?
Greetings BPers,This is a question directed more towards the accountant gurus of the crowd, or those with experience in this type of specific transaction...I have a situation where I'll be acquiring a property via a q...
Rick Barbato
Tenant Christmas and Holiday cards
This year I'd decided to send my tenants (12 doors) Christmas/holiday cards, with a 25 dollar gift card to target in each one. I have some tenants that have been there 2 months and some 2 years. But its coming from ...
Victor So
What is the easiest way to gift a property?
My mother has a condo in the city of Chicago, which is her primary residence. Recently, she stated that she wants to gift me her condo and eventually move into a senior home. As she is getting older in years, she is l...
Jake Arnold
Christmas gifts for tenants?
I’m getting presents for tenants tomorrow. Any idea on what would be a good gift or what you folks usually do if you do that?
Allen Gross
I had an idea, but not sure it is a good one....
Listening to various podcasts, one of which is BP Podcast 356 with Joe Asamoah, that talked about landlord and tenant relationships got me thinking. Joe gives out gifts and flowers and such to his tenants. I really li...
Asa Ifill
ISO North Alabama CPA
Hello BP,
I am in search of a CPA in the North Alabama area that can answer several questions for me related to Capital and Real Estate.
One question in particular is that I was gifted capital for a renovation on a...
Jonty R.
tax question /foreign person / local partner
Hi. I am planning to buy a condo with my friend and have couple of tax related questions. I am a foreign national living abroad. we are buying a condo for $500,000 with 20% downpayment and a mortgage which will be in ...
Steve Bell
HELOC and tax advice
Hi BP community!
My partner and I are planning to take out a HELOC to fund the down payment on our first rental unit. We are looking for some tax advice. If my partner were to give me enough $ for the down payment, b...
Tony Velez
Our first rental property!
Hi,Today we closed on our first rental property! It's a triplex with long term tenants. We plan on handing each tenant an introductory new ownership letter.Has anyone ever given a small gift with the intro letter?Tha...
Jason Wilson
Transferring Dad's property into my name.
My dad bought the house for a dollar and I was planning on buying it from him for a dollar as it is a vacant property that needs over 70k worth of renovations to make it livable. He does not have the desire to get a ...