Gerard Charles:
I am currently building my duplex in Brownsville, TX. I applied with Academy Mortgage Corporation. I got approved. I intend to live in one and rent the other, but since I live 60 miles away, I...
Hi All,My wife and I are new investors and are seeking some tax advice. We closed on our first two family house the middle of 2020 and have been rehabbing the rental unit while living in the other unit. Since the rent...
Hey hey! I am a new Realtor in the Bay Area, California. I have heard that it is good to get a LLC or S Corp as a realtor. Currently, I have neither and I need to get that changed. So I was wondering if anyone had any...
This is a general question for those with more accounting experience.I am trying to build a "rental resume" before sitting down with local banks and I am wanting to include a profit and loss summary for each of my ren...
Here is my issue. I have a renter who broke interior of the closet down( metal wiring)due to the excessive amount of clothes that she is putting on the wire racks. I fixed it once right when she moved in but now 4 mon...
We recently rented to a couple who claims that we provided them an apartment with bed bugs. Basically they signed the TAA BB Addendum with specific wording that they were aware the unit was free of BB but had not seen...
I'm redeveloping a distressed 138-unit building into assisted living and exploring PACE financing as part of the capital stack. I'm already initiating the process with a PACE providing and awaiting a term sheet. I'm a...
This is an old question and I think I've dug out the ugly answer, but let's see if anyone has more insight.I purchased and have lived in a duplex for over 2 years. The property has a single tax treatment and single t...
I'm curious what anyone's experience has been with sellers who attempt to purchase a new home after selling their home "Subject To". Are they able to qualify for another home purchase because the new buyer is servicin...
It’s been a while didn’t come and post here.:-) hope everyone has a wonderful 2013!
I did a project in 2012 with other two partners (one active on passive no salary for both). By the end of the project I took a small...