Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.
Should I terminate the leas...
I just received a document in the mail stating that my tenants have filed for chapter 13 bankruptcy. How will this effect me? They are in good standings on their rent and always pay onetime, on the docs it also states...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
I started dabbling in wholesaling a few months ago,I do not have an LLC. I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “.
BP friends,I'm trying to generate more leads to find motivated sellers and I thought to search at the courthouse eviction filings.Does anybody here have a good/bad experience with that? specifically in New York City?T...
I invested over $90k in two rehab projects with a partner. I'm acting as the silent cash investor but with my rehab experience I've put in my two cents and called some of my contacts to work on the house. The first ho...