Han T.
Issuing Promissory Notes from Individual to LLC
Hi BP community! Hope all is well. Here is my question.I would like to check if it is possible for a LLC to issue (borrow) promissory note to an individual for the purpose of buying real estate. If so, can it be done ...
Gary Fraser-Lee
Renting a zoned "single family home" to multiple unrelated students
I am looking at purchasing a single family home (4 bedrooms) near a local university. It is zoned specifically "Single Family Home" According to the zoning ordinance this means : Family means a person living al...
Marvin Michel
Help. Strangers using my garage for storage. Tenant being evicted - OH
Hello,
I am in the process of evicting a non-paying tenant. My tenant is currently in jail on a felony charge so he is not on the premises and marshals are going to have to come to aid in removing his personal belon...
Carl Fischer
Last minute tax moves for new bill
Quick take on new tax bill-if possible defer income to 2018. Pay deductions in 2017. My first move!Lower tax brackets in 2018- less deductions available in 2018 compared to 2017. Example: Florida allows you to pay pro...
Gere W.
How to Split Ownership of Property
What are ways to split ownership of property? As in, the actual logistical steps. Who to talk to, what to bring, what to arrange, costs and fees, issues, timeline, etc. Types of ways to split property? LLC? S Corp? Tr...
Peter Lysiak
Closing on a Property with a single member of a Multi-Member LLC
My partner and I have a 50/50 split in a multi-member LLC and have increased our number of closes year over year. We don't reside in the same town, let alone state, and have been closing in a single location (this mea...
Lynn Y.
equal housing
Someone filed a complaint with state housing discrimination unit against one of my rentals. It seems that she emailed me last october (6 month ago) asking one of my listings and informed me she has section 8. Based...
Robert Chaiton
Renting out to Section 8 HUD Tenants
Hey everyone, I have a few questions about an investment opportunity I am looking into. The specs are: it’s a 2-family property: 1 unit is a 2 bed 1 bath and the other unit is a 3 bed 1 bath. HUD is 2700 for a 2 bedro...
Rob B.
Out of State Withholdings, FTB, California
Can someone explain the FTB withholding for foreign owners in California? I have a foreign owner wanting to rent out a Townhouse in San Jose and I want to make sure he knows what he's getting into. Is the 7% from the ...
Account Closed
Systematizing driving for dollars list
Hello, can someone please explain or link how they systematize their driving for dollars list. I have accumulated a few dozen addresses from driving around my local. I would like to know:
1) how to organize them so I...