Marc V Palmeri
Question for any CPA's regarding HOA taxes
Hi,I recently discovered that my one HOA has been using the same CPA to file Form 1120-H for the Association's taxes every year at a flat fee of $300. I filed the form myself for 2018 and the entire process took mayb...
Kris A.
Rental home broken into: Steps to take
Hi there! I'm a new BP user and just had my first property damage. Someone broke into my rental property in Phila, broke a window and damaged the front door. Nothing stolen as far as I can see. My Home insurance deduc...
Richard Alvarez
Tenant Bankruptcy -- delaying w Skeleton Bankruptcys -- 3rd party taking over space?
I need help and hope someone has tried this before. I have a tenant that has not paid for over 6 months rent (becoming dire), they continue with first a Skeleton Bankruptcy, followed by not completing the paperwork pr...
Caleb Heimsoth
fair price for a CPA?
I got a quote for a CPA of 675 to file my tax returns, and this also includes any different tax strategies they would run before formally filing the return, as well as dealing with the IRS in case I ever got audited. ...
Burt L.
Check Fraud by Former Tenants With Sec Deposit Return Check, Then Attempted Again!
Something new (?) to be aware of for landlords. I had some tenants who had been with me 2.5 years without issue and were on MTM lease. One day I received a call from a property mgmt co that they had applied for a new ...
Account Closed
Multifamily LLC Structuring Questions
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
Edita D.
LLC creation: CA or NV?
Hey guys!
We live in CA, have a properties in NV and CA.
We want to put our properties into an LLC, and Nevada and Delaware offer lowest rates. I was advised though that if your LLC operates in a state (CA) different...
Nicholas R Paust
Tenant applied for assistance but might file for eviction
I have a tenant who hasn't paid rent in two months. A few weeks ago they finally told me that they applied for assistance since they reside in NJ. I recently call the agency providing the assistance and was told tha...
Ken Bucho
Real Estate Notes
I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
Nick J.
Ways To Protect Your Short Sale Business
Recently, most of you are aware, I got struck a deadly blow to my short sale business. When I say I literally spend a majority of my day(not including being a father to 5 and a husband to a very supportive wife) I am ...