Account Closed
PM needs ss#
Hello,A PM we have just hired wants a W9 and social security number from us.Two companies we hired previously didn’t ask for this.I am not comfortable with sharing my ss number around needlessly. I did read someone on...
Cerise Goldberg
Do I need a separate bank account
Hi, I just bought my first rental property. Do I need a separate bank account?
Christopher Young
Looking for some savy advice about moving a house to a trust!
Long story short my mother has worked as a hair dresser for 36 yrs and its time to retire. Social security is a joke but we have one card to play. Based in NY her primary residence of 40 years has appreciated exponent...
Tatiana Zagorovski
Putting an STR into LLC
Hello,
I am a beginner investor. Me and my business partner purchased a SFH in Tampa, FL using a Joint Venture agreement. The original plan was to flip. Now after some additional research we decided to keep the prop...
Kate Friedrick
Need a CPA... But where do I start!?
I am finally accepting the fact that I need to file for an extension and work with a CPA. How do I go about vetting one and getting on someone's schedule at this point in time? Any recommendations in the Raleigh, NC, ...
Alan Phan
Advice: Purchasing a Home for my Parents advice
Situation: My wife and I purchased our first home, new construction in 2021. We want to purchase my parents a home to move them out of their current place where they are renting (both parents are in their early 70's)....
Laura H.
When you inherit tenants, do you get the YTD rent?
At a recent REI seminar, the speaker said that when you buy a rental property, you get the rents for that year. Like, if I closed in May, I should get Jan-May's rents and deposits from the seller at closing. Is that r...
Eric S.
Applying to security Deposit to the HUD.
Hello All.I am buying 2 unit investment property. I am reviewing my HUD statement and last 9 months taxes, security deposit for both sides, and prorated rent is in 200 section and is being applied to the loan which I ...
Chris Sanchez
Increase rent by $100 or charge $100 for internet?
Hello BP. Need some direction, please. I'm getting ready to enter into a lease for a detached ADU and I'm wondering if I should increase the rent by $100 OR leave the rent as is and charge $100 per month separately fo...
David Piqueira
Choosing a State for LLC Incorporation
I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....