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Metro Phoenix eviction filings soared to a new record in October
"The Maricopa County Justice Courts saw more eviction cases filed in October than in any month this century," said spokesperson Scott Davis.Maricopa County eviction filings are on pace to top 82,000 in 2023. That will...
Gp G.
Tax Consultant with real estate knowledge to help in filing taxes
Hi,
How to find good tax consultant who knows about real estate and can do nice job at reasonable price with taxes as the tax season coming. Please advise.
Robert Fortune
Former Tenant Filed Bankruptcy - Mortgage company claiming property is in bankruptcy
I called my mortgage service provider today to get some information in regards to escrow/home owners insurance and they told me they couldn't speak to me because my property is in "bankruptcy". They claim they receive...
Richard Anderson
Tax Filing Fees for LLC owned by my wife and myself
Hi Everyone, Just looking for a little feedback. My wife and I are working on renting out our first investment property. My long-time account suggested we register our LLC in just one of our names, otherwise he would ...
Kyla B.
Claiming Tenant Buyout Agreement as Rental Expense for Tax Filing Questions
1. Are Tenant Buyout Agreement payments eligible to be claimed as rental property expenses for tax purposes?2. Does anyone in the community have practical advice/insight on this?Background:My partner and I are negotia...
Maryann L.
Homeowner is applying for loan mod, but we filed ss paperwork
We have a house that was up for foreclosure TWICE that we've been able to get postponed. New date is in two weeks. I've been asking for the homeowner to get me some paperwork as the loan was bought by a new lender a...
Manoj N.
Renting to a person who is likely to file for bankruptcy
I have an applicant - a nice family - who applied for my house. Their business went bankrupt in 2007 (filed for a bankruptcy then) and their second business also went into debt due to non-payment from clients 2013. C...
Cody Barrett
Why I filed for a LLC. Only own 1 property too.
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Remi Nguyen
File a complaint against a contractor with State Home Improvement Commission
Hello BP family, I signed a contract with a construction company to do egress windows. The contractor concurrently started the job applied for a building permit a couple days later. They finished about 80% of the job ...
Frank Y.
Does private lender file 1098 for the interest received from LLC
Hi, private lenders, do you file and provide Form 1098 to a LLC who paid interest to you? I have a borrower (LLC) asked for 1098. But IRS Instruction says "You need not file Form 1098 for interest received from a cor...