Leonard Ng
Starting LLC with others, Help!
I'm wondering if anyone more experienced (specifically with California) could help me out. A few friends and I have recently been talking about investing in Real Estate. We've all been working for a few years and have...
Hannah Williams
Freedom of Information Act (FOIA)
I would like to order a FOIA report to see what possible title issues I could run into with the purchase of a property I'm interested in. I would also like to order another report on a property I already own. The coun...
Nancy Brew
Real estate knowledgeable Accountant
Any suggestions for RE Accountant near Plainfield IL..Also looking for a mentor in the area that has experience starting a generational wealth company for RE investing..Have the LLC but don’t want the taxes on my pers...
Steve Legnaioli
Options for corporation profits ?
If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...
John Asher
Being asked to provide proof of rental payments for DSCR loan
I am applying for a DSCR loan and am now a renter myself. I’m being asked to provide 12 months of cancelled checks in addition to a lease to prove that I’m renting. Providing a copy of the lease makes sense but havin...
Tricia O'Brien
Does Property Manager Needs W-9 for tax reporting?
I have rental property income from one single family home. I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my o...
Elyse Wetter
Looking to help someone with no credit
I'm trying to find out how to have my friend make payments for renting through some kind of servicing center that will help build his credit and give him down payment at the same time to eventually buy the home he's r...
Bernie Huckestein
Advice to secure property while setting up SDIRA
I have an opportunity to purchase a Single Family Residence which aligns with some solid investment return. I can purchase myself directly securing financing via my local bank; however, I'd rather purchase inside a S...
Doyle Brewer
Mortgage loan from mom - 1099-INT?
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Susan H.
Refusal of Co-Signer (Question)
I have a rental property in a single-family residential neighborhood that's close to a fast-growing university. About 10% of the houses are rentals, and an estimated half of those are currently rented to students. We ...