Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
William Waller
Subletting as first REI experience
Hey Guys! I have an interesting situation/opportunity on my hands. First, a brief overview of my situation. For the past 5-6 months, I have been living on bigger pockets and learning as much as I can about real estate...
Nicole Chriqui
Entities and Taxation
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
Lance Lvovsky
BREAKING NEWS: Additional Tax Relief for Hurricane Victims
A bill passed the House yesterday that would grant additional relief on top of what the IRS granted immediately after Hurricanes Harvey, Irma, and Maria. As some of you know, immediately after the Hurricanes, the IRS ...
Gail Greenberg
Advantages of 401Ks over SDIRAs in buying notes
Found out at #NoteCamp in a presentation by Tyler Carter from Nuview IRA that compared to a SDIRA, with a 401K, you can....1. Contribute up to $53,000 ($59,000 if you're over 50) in a year to a 401K where the annual c...
Chris Kajioka
W-2 "contractor" looking to get first mortgage
Hi All,My mentor recommended I ask for some help here for my unique situation. My wife and I are looking to buy our first home (single family home), both our credit scores are 750+ and our combined income is over 130...
Terence McClary
Tenant Screening Website
I am curious if anyone has use Avail for tenant screening, credit check and background checks. I am looking for a reliable service that does it all and came across Avail as they are a part of Realtor.com network.Than...
Bradley Gasparovich
Tenant Screening Criteria
I am curious if there are any pre made criteria lists out there or if there are any “must haves” for tenant screening. For example, minimum 650 credit score and 3x rent for gross income. And are these criteria lists f...
Amie D.
Do you consider applicant's self-employment income if business is new?
A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...
Cameron Riley
Class C Property Owners.... Pre-Set Qualifications????
Scenario: You Own A Home, A Duplex In An Urban Area, The Property Is Considered "Class C"... The Area Has Some Riff Raff And You Know This. It Is Time To Start Renting Out Your Property, Your Goal Is To Obtain A Good ...