Hello, Am closing on a property next week.My LLC's business bank account outbound wire fee is $78 versus $25 if wired out of my personal account at a separate bank, where it's sitting in a line of credit. $53 differen...

If i've filed personal taxes and listed my LLC as self employment is that all the filing that I need to do since LLC's are pass through tax entities?

This is my first year holding rental property. I hold title to it in an LLC but the mortgage is in my name. While filling out my taxes I placed the rental income as the LLC income, thereby creating it as business inco...

Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...

Can someone explain how personal guaranty works on a commercial investment? LTV is: 70/30 6 partners and each is ~16% ownerDo all partners have to sign a personal guaranty (PG)?If we sign a PG and the business can't m...

I'm seeking to invest in property with bank financing using a residential loan under my personal name. The property will then go into an LLC. The bank says they will still look at the loan as personal so...Will this p...

They happen. What, evictions? Sometimes.If you’re a landlord, chances are you’ll have to file for an eviction at some point. I’d like to walk you through what you should do when filing for dispossessory so you won’t f...

We are somewhat new to the Palm Beach County area as we purchased our first home at the end of June 2018 so we could "house hack".For part of that time we have used two units as a rental since (each around 800 sq ft -...

I had a tenant who owned me $700 quite a few years back. (A bounced check, still have it).I had tried find a collection agent do the job for me but they didn't take it due to the small amount of claim. Am I able to pu...

I have an applicant - a nice family - who applied for my house. Their business went bankrupt in 2007 (filed for a bankruptcy then) and their second business  also went into debt due to non-payment from clients 2013. C...