Anjali L.
Tenant stopped paying after Hurricane IDA
One of my tenants living in the basement units stopped paying after Ida quoting her mattress and some other stuff was damaged. I was at the unit next day and nothing major, really. I mean people have lost lives in NJ ...
Saeid Safarmehdi
Canadian buying Real Estate in US
Hi BP,I was wondering if anyone can help me with legal and tax setup, basically what I need to setup before buying Real Estate in us (being a Canadian), I haven't find exactly what I need to do on BP or online. So far...
Derek Morrison
Contractors and 1099s
First time landlord/self-property manager here, what are my responsibilities when it comes to hiring contractors and giving/ asking for 1099s? Do i give them or does the contractor give it to me? Is it only for work o...
Dane S.
Foreign Investor tax/legal
Hi there guys,As a new member and foreign investor I'm interested to learn more about the US real estate marketplace. It's a dynamic market but it has a unique set of challenges for anyone wanting to invest from outsi...
Rodolfo Ham-Zhu
Cost basis and deferred gain for "3rd" 1031 exchange
Hi All, I have a question about Withholding Statements in the context of 1031 exchanges. I am in the process of exchanging out of my "2nd property" (just sold), into my "3rd property". Suppose the following scena...
Dane S.
Foreign Investor tax/legal
Hi there guys,As a new member and foreign investor I'm interested to learn more about the US real estate marketplace. It's a dynamic market but it has a unique set of challenges for anyone wanting to invest from outsi...
Christopher Reynolds
How to Deal with Verbally Abrasive Tenant
Hey everyone. I have a tenant that I need help with.Husband/wife, 4 kids. Moved in about 6 months ago. Month-to-month tenant. Made some demands, I met them. Everything seemed great until St. Patrick's Day, I get a...
Natalia Collini
My living room floods regularly!
Two weeks ago my ground level apartment flooded due to heavy rainfall. I figured this was coming. Every time it rains hard the water does not drain properly into the two drains off my porch and my porch disappears und...
Syeda Naseem
Tenant not paying rent in Chester PA
Rented my first rental property recently and now tenant is not paying rent. Did not pay Sept rent's and Oct's rent is over due now. She moved into the house in Aug and paid first month's rent. The house had issues and...
Mike S.
What are the tax reporting for a foreign lender
I have an offer by a non US taxpayer to lend some money to my company.What are the tax requirements on my side:Does the lender needs to obtain an ITIN?Should I issue a 1099-INT for the interest paid on the loan?Do I h...