Chan K.
Boston, Landlord, LLC, Withdraw of Payment
Hi BPers,I bought a property under an LLC that I formed. I setup a business account where I deposit all the income in there. I also use the account to pay for debt service, tax, insurance. misc expeneses ....I list my...
Luis Acevedo
CPA
Hi everybody, I hope you guys can help me.
I’m a new REI and I’m assembling my team, but I was wondering if you live in NY and want to invest in another state do you have to get a local CPA in GA or NY? Also, if the ...
Susan Bearce
Disregarded Entity for LLC?
Hi All,I am curious how other investors file their LLC when applying for their TIN. A partnership, corporation or disregarded entity?
Brian Ortins
Probate look up in Massachusetts
I have a probate question for fellow MA investors. I looked up a property using the city's online assessors database, and saw the word PROB #'S followed by 2 sets of numbers. What is the next step to learn more a...
Carly M.
Transfer property to LLC
What are the pros and cons of putting a home i ent And I own under my name into an LLC? I know liability is the biggest reason.
Also what are the legal and tax implications and procedures?
Thanks!
Eric Stets
"Sale" of the property from personal to LLC
Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
Angela W.
Texas Statute of Limitations Related to Title of Real Property
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Daniel Paloscio
What Instruments Other than a Mortgage Can Secure a Hard Money Loan
Hey Guys,
I'm using a hard money lender that's requiring me to record a mortgage at closing. The mortgage tax on that isn't cheap. On the house i closed on yesterday it was over $800. Doing several of these per year ...
Chad Blessing
Suing Out of State Tenant
I'm a property manager in Austin, TX and taking over a home where the previous tenant caused over $5K in damages and also broke the lease, moved out early and moved to Arizona. I'm trying to provide guidance to the o...
Anjali L.
SSN for tenant
I have an inherited tenant that is behind on rent. We have to file the paperwork for the DC complaint. I’m trying to find a way to get her SSN, any service that provides the SSN search?