Tina Lee
I got a court date for my violation
I got violation describe as following ( I am on first floor of a condominium) I have no idea why I got it.Anyone has idea what’s those violation about it?§ 348-7Receptacles.A.The owner, agent, lessee, tenant or occupa...
Adolfo D.
Thoughts on using name for LLC.
Hello BP community! What are your thoughts on using your own name, or nicknames in your LLC company name? I've heard mixed responses.
N/A N/A
When does Residential become Commercial?
Hello all. For some reason I am thinking that I heard somewhere that anything over 4 units is considered commercial, but my realtor told me that anywhere someone lives is considered residential, no matter how many un...
Neil Stratton
Non-exclusive Easement Issue with Neighbor
Hello People,According to the Non-Exclusive Easement Agreement, from previous land owners, I should have unrestricted access to the road that leads to the property. Yet my neighbor has placed a gate across the road an...
Vitaliy Gnezdilov
Why can’t an entity be formed for the sole purpose of buying securities?
Hi, I am looking to invest in a real estate fund syndication and I have received advice to invest through an LLC for a specific tax purpose.However upon research, I am finding that an organization cannot be formed wit...
Soh Tanaka
Selling/Buying a House Under LLC Using 1031
Hello All,I am considering selling a property that is owned by LLC (IL LLC), and buy another one in another state. The problem is, I don't want that particular LLC to buy a property in another state. But my understand...
Kiah McBride
Are STRs & MTRs Considered Active Income? Do they need Separate LLCs from LTRs?
After having a consultation with a company that sets up LLCs, I'm now questioning if I truly have the right LLC formation for the purpose of my business. For context, I created one LLC to run a mix of STR and MTR prop...
Yosi Levi
Does anyone have any experience with syndicates?
It seems like most people on this website work by themselves on rental properties but do people here actually work in a syndicate grouped up with other people?
Maria Villamar
Lis Pendens or notice of default filings in Philadelphia PA
I am looking to venturing into purchasing a pre-foreclosure property in Philadelphia and I was advised to go to City Hall to find the Lis Pendens or Notice of Default (NOD) filings. Once in city hall, I visited Depart...
Anirudh Reddy
Who can claim interest paid on a seller finance property?
Hello,I sold a property on seller finance in August 2024. The loan is still on my name, but is being paid off every month by my buyer. So, for the interest paid on the loan from August through December, who can claim ...