Ken Rishel
Fair Housing Compliance - What are You Doing?
Apparently someone felt my post the other day was too political and it was removed. That does not change the fact that both retailers and community owners seriously need to address the changes in all of the Fair Housi...
Kristina Jensen
Tax deduction when using Reward Points for travel
I have out of state properties that I visit 1-2x per year to either have a meeting with the Property Manager or conduct a walk-through if there is no property manager.
If I use reward points for the flight/hotel/re...
Bob Collett
Property Management - Cleveland
A couple of weeks ago I picked up a new property management client with a number of properties in the Cleveland area. As I began onboarding the existing tenants, one of the tenants was quick to say: “Oh, I just wanted...
Account Closed
Self-directed IRA and LLCs
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Dylan Kennedy
Getting T-12 and rent roll from seller
Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...
Brian Adams
Investing the security deposit.
Hello BPers. This is my first post. I have been looking tirelessly for good forums with some real life lessons on landlording/property management straight from the trenches, and this has been the best site I've foun...
JP Bouka
Foreclosure questions
Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?
The first lender is foreclosing on the house.
Thanks
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
Unable to Deliver Marketable Title Return of Earnest MoneyA friend of mine, Kevin, recently is in a situation which I cannot seem to understand fully, but am hoping a Real Estate Attorney can shed some light on the su...
George P.
contractor wants me to get workers comp
I have a house that needs to be remodeled. one of the contractors said that since i would be hiring him and his crew, i'd be acting like the general contractor and need to pay for his workers comp.
i know not...
Henry Li
S corp for Real Estate Agent
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...