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Filing an extension DOES NOT mean you dont owe money until then!
Tax season is in full swing, and for most individual taxpayers, the looming deadline for filing and payment is Monday, April 18, 2022. However, life can get complicated, and if you find yourself needing more time to g...
Kathi Miller
ESA and Service Animal Question???
Hello, I recently (May) signed a 6 month lease with a couple who straight up told me they have no pets, as I have a no pet policy. They are to move in Sept 4th. They called me yesterday, Aug 1, to tell me they have an...
Joaquin Camarasa
Has anyone done a BRRR in Europe?
I am from Spain. Living in the US now, planning to go back to Spain within the next 5 years and I am wondering if anyone has experience using the BRrr strategy there.
Eli C.
1099INT for private loans
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
Danny Ondik
LLC's + Quickbooks.... pro's and con's????
Hello everyone- I am thinking about putting each of my 6 properties into individual LLC's in Illinois. With the LLC's, I will have to open up separate bank accounts for each. That will likely require me to use QuickBo...
Matthew Aubert
Jumbo Loan or Conventional??
I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...
Jason Scott Miller
Subdividing Constructed Townhouses
Hi Everyone -I'm looking at a development in California of 10 constructed townhouses. I see a lot on subdividing land for development, but I can't find much information on subdividing properties that have already been...
Zayda Arzen
How to screen a roommate being added to existing lease?
Hi BP Friends,I’m a new landlord and am just closing on my first investment property. The tenants I’m inheriting in our owner-occupied triplex want to add a roommate. I said yes, as long as the individual passes a cre...
Raj G.
Private lending, hard money lending, License requirement in NJ
Hi,if I want to lend money to my friends who are investors/flippers. do I need license in NJ?What is difference between private lending and Hard lending?is there any terms and conditions like up to this amount no lice...
Matthew Kauk
Short Term Rental Loophole
Looking to use the short term rental loophole.
If I use the short term rental loophole for my STR, I material participate and do a cost seg study.
Can I take the value of the building in the first year as depreciati...