Manson C.
Passive Activity Loss Carryover after Marriage?
Hello. I am a single real estate investor whose Modified Adjusted Gross Income (MAGI) is under $150,000. I have a $50,000 Passive Activity Loss Carryover (PALC) from previous years. I will be getting married later thi...
Grand Wally
Elementary LLC question
I've had my LLC for a while, but for the first time I'm considering taking on other investors. Question is....how do I know how many do I know how many shares I currently have setup in the LLC? Also, if an equity in...
Account Closed
Contract Addendum Question
Does anyone know of a good example to use to write up an addendum to a contract? I need to write an addendum basically just to state that an occupancy agreement will be done at closing but the original contract states...
Ian Porter
Second Spec Build in Ellijay Ga
We just completed due diligence on a waterfront lot for our second spec build in North Ga. This will be another modified DEN Outdoors Plan. We will be adding a day light basement to their Studio House plan to capture ...
Chris H.
Need advice on commercial property Utilties.
Hello BP community,I need some advice on handling escalating utility bills. My previous office manager really let things slide on my 30k sqft office complex. We have 60 tenants with 6 in lease. Thats right, the office...
Jennifer Kirila
Which comes first: home equity line of credit or modification?
Hi, I am confused and need some advice. I started an application to get a home equity line of credit to consolidate debt. This will help a lot because I have a huge amount of debt and all the individual monthly paymen...
Justin Brown
Screening tenants for house hacking
Anyone got a word document or pdf that has questions to ask and stuff to do in orderly to properly screen a tenant?
Jenny T.
Realtor commission based on MLS list price or purchase price?
Putting an offer on our first rental property and my buyer's agent has put in the contract that her commission will be... "3% of the purchase price or the MLS listing price, whichever is greater." Is that typical?The ...
Sean Gallagher
Taking over an existing lease with addendums, RBP, BPP.
To simplify the existing lease I thought about asking the tenant if they would be ok modifying the addendums to get rid of the resident benefit package and the building protection plan. I will insure the property as ...
Chris Tedeschi
LLC Property and a Property Manager walk in to a CPA Office
Sorry, I couldn't think of a better title >_<So, here's the question: If you have own a property which you moved into an LLC AND you have a property manager, managing said property, how should payment of his ser...