My partners and I have a piece of land almost ready for permitting for a multifamily.  Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we defi...

Do I need an attorney who specialize in MHP to draft P&S? or an experienced real estate attorney can handle this?It seems hard to find an attorney who has done MHP deal.Any input would be appreciated.Thank you much 

I dropped off the renewal lease about two months ago, his current lease ends the last day of this month. His father who is elderly and cannot drive is living with the tenant who is on the lease. The house is in good r...

I am interested in purchasing a MFR that has a substantial amount of personal property associated with it.  I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...

Hi Everyone,I'm considering buying a multifamily from HUD and had a few questions regarding the mechanics of the transaction. The rep I spoke to at HUD's main phone number wasn't much help, and so far haven't gotten a...

Hi. Do I need to issue 1099s to contractors that did standard renovations over $600? Thanks

Dear friends,I filed SS-4 on 3/3/2016, then on 3/17/2016, IRS issued me the EIN number and requested me to file from 1120 by 06/15/2016.Since the corporation is just set up and I have no sales or nothing till 31/03/20...

Hi everyone, I have a LLC in Columbus OH which I use to buy rental property. I am out-of-country so I'm not super familiar with the taxes, and just wanted to be clear before the filing deadline in May haha... What are...

Hello...

Last year I had some work done on my rentals.
Is it a requirement to collect 1099 information ?

I just learned that Montgomery County (Alabama) has a 40-day time period for tax-sale redeeming parties. If the taxpayer sends the improvements affidavit to the investor by certified mail, and it has been more than 40...