John Chapman
Reporting of Sold Property in a 1031 tax deferred exchange
I did a 1031 tax deferred exchange in 2018. I sold three properties which closed on 11/1/2018 and I closed on the purchased property on 11/13/2018. I completed form 8824 and have documented the adjusted basis for the...
Julio Gonzalez
Don't miss out on the Work Opportunity Tax Credit (WOTC)
Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...
David Brown
REI with newly acquired PPP loan
I received a PPP loan for my REI business which is a LLC. I would like to fix up a rental property I own that is under my personal name. How (or can I ) use the funds I received, to fix this property. Or can I get int...
Ash Patel
Recording a land contract
Several months ago, I sold a property on land contract. Shortly after, I received two property violations from the city. One for a tire on the side of the house and the other for a vehicle parked on an unimproved su...
Caleb Huff
Section 8 landlording
Hello! I am in the process of buying my first rental, a 4-plex. One of the tenants is under HUD. I’ve been told I need to apply as a landlord through HUD. Can this be done online or will I need to go in person? What d...
Mike S
Lead based paint disclosure/brochure, which ones?
I'm getting ready to list my first rental that was originally built in 1920. (As is everything around here) It has been rehabbed but I was given nothing about LBP as this was a foreclosure. Since it was built prior...
Susan H.
Late fees & grace period (Arkansas)
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...
Steve Dove
Purchase of rental property to be used as primary residence
I've got an interesting scenario here. A relative of mine is purchasing a primary residence through a short sale transaction. The property is owned by an investor who rented the home out for several years. The investo...
Ryan Dossey
Best way to submit offers?
I am attempting to streamline my offer process. I want to be able to see a property and email the owner an offer straight from my car. Help me fill in the few bits that I haven't quite figured out yet. I can use my ph...
William Tong
EquityBuild has been taken into receivership. Anyone with info?
Does anyone know what is happening with EquityBuild? It is in Receivership by the SEC. What does this mean for investors?