Chris Connery
Splitting taxes/income between LLC members
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Shaine Cobb
Bought foreclosure with tenants...what to do?
Ok folks, I bought a quad at foreclosure auction that currently has tenants in 3 of the 4 units. What do I do with the tenants? Does the change in ownership affect the lease signed with previous owner? Should I po...
Pradeep A.
Tenant not able to pay rent because of Coronovirus Pandemic
Hi,
My tenant is not able to pay rent because he claims that he got temporarily laidoff. I have a mortgage to pay on the house which is the almost same as the rent about $2100.
I am in a tough situation. What are ...
Ethan Hamilton
Potential Lawsuit, Any help or law interpretation/legal advice is much appreciated!
I'm having a big issue with a general contractor who just finished flipping a house for me.
Contractor wrote me initial contract for $39,000. I signed it.
Work began and a few change orders had to ...
Anthony Johnson
Asking Lender for POF
I have a client that wants to ask the lender for proof of funds. The clients wants ensure that the lender has the funds to lend before he sends any fee. I’ve been in commercial lending for a while but I’m pretty new t...
Eric Johnson
Fund An Investor's Deal
A fellow investor presented a short-term investment opportunity to me. She asked that I provide 100K to help with the acquisition of a fully occupied 4-plex for a period of 3-6 months. Consequently, I'll receive 1.5...
Jonny Morris
New to the game...
Dear all, I am curious. Moving from London to Bozeman, Montana I anticipate having the capital from the sale of my London, UK property in the next few months. I am excited to see how far that will go in terms of inves...
Jalen Britton
I need help with electronic signatures
Does anyone know of any good websites that would help get my contracts signed digitally?
Dave Bal
Payment Dispute Scam - Apartments.com
Notice to all Landlords using or considering Apartments.com (previously Cozy):I received notice today that one of my previous tenants (who moved out 6 months ago with an unpaid balance of over $8K) disputed a payment ...
Joshua Hughes
House Hacking Nightmare
Goodmorning BP family- I have added an additional single family house to my portfolio so I am now house hacking two homes. Both of them are by the bedroom and this new one I just completed a master bedroom build added...