Patricia Burlaud
LLC's Reimbursement to Owner
I had to transfer monies into my rental SP LLC to replace a roof. In my accounting book, I labeled it "Investment by Owner (roof replacement)". Now, each time I can withdraw from this rental surpluses, I generally la...
Elginald Renelius Sims
Reimbursement for Eviction Moratorium
Just curious if any other mom and pop investors lost rental income due to the eviction moratorium. I only own two units and one tenant didn’t pay for 10 months because of the moratorium. I was eventually able to get...
Aiyman Khan
Reimbursing a non employee
How can I account for a reimbursement for a non employee who is a subcontractor, can he be reimbursed in the first place? And is that reimbursement tax exempt for the subcontractor and tax deductible for the owner.
Carrie Zhang
Can you reimburse yourself?
Can I use my personal credit cards for business expenses and somehow expense it to my LLC bank account? I really like the points benefit I get from those credit cards (i.e. Chase Sapphire Reserve, AMEX Platinum, etc...
Jazmine Bryant
Reimbursing Yourself from Expenses
I started an LLC and when I close my first deal, I want to pay myself back for all the expenses that came up when starting the business.
If I needed to hire an independent contractor for a few things, is this also s...
Ashleigh Evans
Reimbursed using renovation money
Tomorrow I close on a house using a conventional homestyle loan. It’s about 4 weeks later than my original close date. My lender said I should expect to hear from Land Gorilla about getting my renovation funds within ...
Matt Good
Re/Max education reimbursement?
Good afternoon BP people!Does Re/Max offer ANY eduaction assistance with Pro Schools specifically? I can't get a clear answer.Thanks!
Santosh Prabakar
Buyer reimbursement for expenses
I had my house under contract in TX but the buyer backed out during signing. I have spent around $6k to fix few things that the buyer wanted. The buyer is willing to reimburse the expenses so that I dont take him to t...
Marion Coleman
Reimbursement from tenants estate
My elderly, long term tenant died. His only relation doesn't want his things, and apartment is in bad shape. Can't rent until I get rid of his stuff. How can I get money from his estate to recoup my expenses?.
Art Maydan
Mouse Infestation - Tenant Reimbursement?
I have a triplex with an ongoing mouse issue I'm dealing with. Only the top two units have mice. I've done a lot of sealing and had an exterminator come out several times, so hopefully they'll be gone soon between wha...