This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is  reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...

Hello, Last year my dad gave me a 100k full recourse loan, at fair market interest rate, for a primary residence.Looking at IRS pub 1098 https://www.irs.gov/pub/irs-pdf/i1098.pdf It looks like we need to fill out a 1...

I have one rental property that is under my personal name. I'd like to buy a second and put it under a LLC. My question is, since I've never ran a business under a company name, how do the taxes work? Will my LLC pay ...

Hello! I haven’t received payments for 8 months. I have an eviction in process however in Chicago evictions are stayed until December 31st. My tenant has not been paying since March and I got denied for EDIL assistanc...

The (newer) custodian of my SD401k is requesting an annual real estate appraisal for each note I hold within the account. As in, pay for a house appraisal each year for each note.

This can’t be right, can it? Shouldn...

First let me say I would GREATLY appreciate any help or advice I could get from this group...

I am currently negotiating my position in a property management company (MGMT LLC). The arrangement is somewhat complex so...

Hello BP,I have been looking into flipping homes and want to take that step. We feel our best option is the Homestyle Loan. But we have a few questions. 1. About possibilities of approval. 2. Receiving adequate fundin...

New Jersey- So I received a summons in the mail stating that I had to go to court. So the summons was charging me for 4 different charges pertaining to repairs in the rental apartment.. I never knew if these issues an...

I'm the treasurer of a small church. We are looking for ways to invest the savings account for a better return. We have the money currently invested in CDs. When i get the statements it's obvious that the bank is the ...

Please excuse me if this has been brought up or if there is already a section on this. I promised I searched but couldn't find one on my iPhone app. It would be helpful if there were separate forums based on Region or...