Regina James
C-corp vs. S-corp
So my tax accountant filed my 2015 real estate LLC tax return as a C-corp rather than with the S-corp election. This has brought any new bank loans for refinancing or acquistion to a screeching halt. Looking for inf...
Brett Mannix
Mortgage lien removal not recorded
Trying to help my mother with an unreleased mortgage lien on her home in Maryland. Long story short, the property is now 100% paid off but the county failed to record the payoff. My mom recently applied for a new HE...
Gregory Martin
Section8 Application Process
Hey BP, first time landlord working with a section 8 prospect. I already did her screening and verbally accepted her application, but my question is how to i move forward? do I now Request for Tenancy Approval (RTA) ...
Alex Locklear
How many make a good buyer's list?
How many serious/frequent buyers does it take to establish a decent sized list and begin to look for deals?
Thanks.
Elizabeth Lee
Unincorporated LA County ?new rent control law
I know there was a separate law passed for the unincorporated areas in LA County but wanted to see if others thought that it may go as far as LA proper with tenant eviction clauses also? We have a few very long term ...
Gavin Switzer
12 month min on occupied duplex loan
I bought a duplex and the loan is for an owner occupied property. Unfortunately work is taking me away from living in the unit for the 12 month minimum requirement. What is the repercussion if I get caught? Is anyone ...
Ayse Yesilyurt
So confused about forming an LLC for real estate
Hi, Can someone please fill me in on the details of how to form an LLC for buying a real estate from filing for to closing? We have studied and decided with a CPA that we will form an LLC, so that`s not a question, bu...
Brian Nostrant
SW Montana Housing Update
How to Prepare for Spring Selling SeasonSpring is believed to be the busiest season of the year in the real estate market. For sellers, listing in the spring provides an opportunity to take advantage of the notable in...
Ken M.
How To Buy Distressed Properties "Safely' Using SubTo and Wraps
Sorry, this is not "safely participate" territory. There is always risk, and these are highly risky and regulated techniques. So, there is even more risk.The things that you can do, include being properly capitalized,...
Simon L.
Rent Receipt to give or not?
Should I give them a receipt at all times or should I give if they ask for it? Tenant is paying by cash. I have a tenant that recently signed lease that starts on the 1st of this month. After discussion back and forth...