Rich Hupper
Probate Deal Finding Strat
Hi BPI finally have a system for finding probate deals. There is a website in Massachusetts that allows you to search the probate case files. What I do is the following1) search for all cases open 2) google the decede...
Jeremy Fields
Filing second year return for partnership - first year missed
My partner and I formed an LLC in 2015 and purchased a rental home. This is our only investment property and the sole reason for the LLC. In 2015 we did not issue a K1 and there was no return filed for the LLC. We fil...
Joshua Mailey
Florida Sheriff Sale, COA Lien over a year old (Expired?)
Looking to bid in a few days on a Primary Mortgage lien, it appears that there was an COA Lien which was filed with county on 11/22/22. Unclear if the lien has expired, and if surplus funds would go to the COA Acc...
Adna Rubio
Good Info! - Avoiding an IRS Tax Audit By Kevin J. Bassett, CPA
As I continue researching the world of real estate investing and with the IRS April 15th date still fresh, I thought I would share this great article by Raleigh-Durham CPA, Kevin Bassett, who specializes in real estat...
Luis Giraldo
Do you have to submit 1099-NEC to the state of Connecticut?
Hi All,
Do you have to submit 1099-NEC to the state of Connecticut if you already submitted to the iRS? I do not own a company I am a personal investor but had contractors do some work on the property. - Thank You.
Rabinder Gill
Real Estate LLC TEXAS Community Property state
Hello -- I wanted to know when forming a member managed Domestic LLC in texas . --- Primary reason for the LLC is for a layer of protection from personal assets. 1. Does the husbad AND wife have to be members of t...
Leen Sha
Auto insurance policy might not be enough
A friend of mine had a car accident almost 3 of years ago...she was found at fault....(state of limitation is not passed yet) there is no lawsuit filed against her until this time... she only had WA state min. liabili...
Tanya Maslach
Creating an LLC: state where properties are located
Hi allSome context:We have 1 LTR in Denver now, and reside there. We do NOT have a separate LLC for it. Taxes/Expense: flow through our personal taxes.Questions:a. We are about to buy properties in OH. Should we ...
Mindy Jensen
How long do you keep your tenant files after they move?
I know all 50 states have their own laws about everything, but how long do you keep tenant files after they move out and are no longer your tenant?More of a question for tenants who leave on an adversarial tone, rathe...
Brady Dailey
Contractor has not started work and currently under litigation.
I hired a contractor to start work on a project and was supposed to start at the beginning of September. I did the research, and everything (License, insurance, and bonding) was good (Legitimate). I gave him a 50% dow...