Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months. We have a clause in the original contract saying that if they cannot get caught up on payment by the...
Team, looking at doing another 1031 on 2 properties just purchased, renovated and leased-out. The IRS says I need to have 'intent to hold' property. What exactly does that mean? Is it more intent focused to lease and...
We operate properties all over the state of Virginia, and out in King George County they use the property owner as the fallback to unpaid utility bills for whoever is living on the property. It's the only county we op...
The tenants vacated my property and did not pay the last month rent. I have been communicating them and they are giving me the run around. How do I report this to the credit agencies and go about collecting my money?
Hey BP, I recently started marketing to homeowners who post their property online as rentals. A few of the owners i spoke with expressed an interest in selling their property to me on a lease option. I'm looking at on...
Have a SFR in CA ARV 250 agreed to price 130k, problem is its a probate deal. The sole Daughter wants it done asap and its in LA courts. How do you avoid Attorney's taking 20% of net proceeds plus lawyer fees? one att...
I have several LLCs (holding company that owns LLCs in states where I currently have rental properties). I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs. Wondering if...
Hey BP community, wanted to know if any of you have any good resources that clearly map out laws/stipulations of operating an air bnb out of a property in Westchester, NY?
Thanks for the help!
Morning everyone, I bought a property at a tax sale auction in April and received a Sheriff's deed. From what I understand about Texas law, since the property was not a homestead the original owners had 6 months to re...
I want to protect my assets. What is best an SLLC or a revocable living trust. What is better as far as protection against lawsuits