Chris Sones
guarantor through smartmove
I'm thinking about renting to a student that will have his parents be a guarantor. They are out of state. The question I'm wondering about is if I can do a background check on the parent through smartmove? This will b...
Yuriy Skripnichenko
S-corp as a Trust Beneficiary and tax implication
I have two questions that I cannot find definitive answer to. If you have similar structure or a professional and know how it works, please explain.I have a property in Trust. The trust’s beneficiary is an S-corp owne...
Kumar R.
EIN for property LLC under Umbrella LLC
Hi,I wanted to check how this entity structure works. If there is manager-managed umbrella LLC and have property LLC with member as umbrella LLC. Can we get EIN for property LLC using name, address and EIN of umbrella...
Sam Leon
Equipment breakdown endorsement coverage
Can someone help explain to me what an equipment breakdown coverage is? I mean I Googled it and read it and still am unsure what it really is.We own a condo unit in a small building of 8 units. There is an HOA. The...
Samuel Coicou
Does an LLC have mortgage restrictions?
I understand that as an individual, to some banks I am restricted to have either 4 or 10 conventional mortgages under my name. But what about a business? If I have an LLC, do those numbers still apply to my real estat...
Neil Schoepp
Is it appropriate to call someone into a conversation.
Here's the deal. You read a post. You have your opinion and post it. But know that there is someone else here at bigger pockets that is a much more authoritative source. Can you @ sign that individual to call them ou...
John Arendsen
For Folks Living In RESIDENT OWNED Manufactured Home Communities
Frequently Asked Questions:Q. Does our condo park and association need to become approved by FHA or HUD before FHA reverse mortgages can be insured? A. Yes. The HUD Mortgagee Letter issued new guidelines for manufactu...
Usman T.
Landlord obligation under "will not disturb the peace and quite"
I have 4 tenants that are roommates, that are sharing an apartment together in Philadelphia, PA. One roommate is complaining that the others are: Threating herMoving her stuffNot allowing her at all enter or exit the...
Nur Al Sharif
Leasing to an Owned C-Corp which then leases to third party?
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
Jason Garner
Tax Lien Investing
Is it possible to invest in individual tax liens? If so, How might I go about doing that?