Jeff S.
Beneficial Ownership Information Reporting (BOIR)
Beneficial Ownership Information Reporting (BOIR)Have you heard about this? This is from my accountant.
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corp...
Gabe E.
Plumber errors, possible fraud, misrepresentation?
Seeing if anyone may have run across a similar situation or knows of a next step. I purchased a SF rental property through a wholesaler. Invoices were provided to me showing previous foundation work with warranty. The...
Ross Mcarthur
Beginner to 100 properties - best rental financing program?
I have read through the past posts and there are tons of opinions. Wanted to get some updated feedback. Seems like everyone has this need and there isn’t a home run software out there.
What are you using to track r...
Dan Pohlman
Trans Union Smart Move
Has anyone used the Trans Union Smart Move for tenant screening? Pros/Cons? Do you recommend??Thanks,Dan
Devin Peterson
Need quick credit solution
Buyer is under contract to close on their primary residence by Jan 5th, They came to me with the issue of having an incorrectly reported derogatory payment issue on their credit.a credit card company incorrectly repor...
Stephen White
Adverse Action Letter for denying tenancy is now in FilePlace
Remember that if you are denying an applicant tenancy based on their background check you must provide them with an Adverse Action Letter.
This also applies if you alter the conditions given to accept tenancy, ie. d...
Kelly N.
Tax Question- 1099 K sent to my PM company for rent collected
Hello Bigger Pockets,
I received a 1099 K for my property management company from Cozy.co for all the rent collected through their platform this year for our properties. I switched to them in March, and had previous...
Dennis Griffith
Sources of Funding
I am looking into getting funding to provide a source of capital for purchasing investment properties. I was introduced the a company called Epic Fast Funding, which provides lines of credit up to about $200,000. In...
Gp G.
tax strategy active loss vs passive loss
My tax consultant says if I do an active loss type of tax return I get more return but I lose on capital gain tax if I decide to sell these rental properties in future. But if I do a passive loss type of tax return ...
Chris M.
Outstanding claim effects other properties?
I had a claim 6 months ago due to storm damage of a roof. The insurance company has not denied the claim and is not responding to my messages so the claim has just been left open. I need to purchase insurance for co...