Wendy BK
What's the best way to add a person to the title in a short sale?
We are closing in a week for a short sale. The current PA is only in my husband's name, however we want to add our business partner's name to the title. And it is a cash purchase. Can anybody suggest a good way t...
Bob Evans
Hiring an employee (son) under S Corporation
Hello,
I have a question and was hoping someone who is knowledgeable about
running businesses (especially S Corporations) might be able to give
some advice. My wife and I are both retired and own an S Corp from w...
Nik Divakaruni
Closing out Seller Carry loan - steps needed
Good Evening Fellow BPers,I have a 35-unit property that I put 10% down on, and the seller carried the other 10%. This is coming due next week. The seller is telling me that no legal work is needed once the funds ar...
Michael Deacon
Building authorities in Clark County/Las Vegas
Hello everyone. I'm a part time investor taking a look at Las Vegas and Henderson. Can anyone share their experience with local building authorities regarding permitting, plan review, etc? Are these handled at the cit...
Amber Landry
Best way to save on taxes now??
Advice needed ASAP! Anyone have any recommendations on tax advice for end of year tax planning. We have a high income and paid an extra 40k in taxes last year... we are looking to find a way to avoid his this year. Th...
Mike Miller
Can Someone Explain this Line in the Purchase Agreement?
If am the buyer and my name is Joe Patterson, I assume that goes on line #1, .....but then what is #2 and #3 for? (See screenshot.)
Jenny Gremillion
Tax Strategy question regarding Vacation rental
My husband and i (through our LLC) are under contract on a Beachfront lot in the pan handle of Florida. Plan is to build two townhomes connected to one another. We’re thinking about selling one immediately after buil...
Tomiko Graves
Should I register as a business (LLC) before I get started?
With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
Corey Woodman
Legal Marketing to Tenant Buyers - Without a RE License
I am looking to scale on my sandwich lease options (purchase) deals this year. I also want to really make sure to do everything by the books. I do not have a real estate license..yet. What is the legal way, pref. in P...
Holly Schuster
PHILLY INVESTORS (unique probate inquiry)
In Philadelphia, if a decedent has been deceased for MORE THAN 21 YEARS, letters (admin/testamentary) are unable to be obtained in the usual manner. I’m told that a lawyer must file a petition in orphans court before ...