Ashish Acharya
Corporate Transparency Act Update: What Businesses Need to Know
The Corporate Transparency Act (CTA), which requires businesses to report Beneficial Ownership Information (BOI) to combat financial crimes, is now facing uncertainty due to a recent federal court ruling:
What Happen...
Michael Dallas
Documents to Ask for in Closing Process
Hey BP, I am going through the process of buying a 9-unit multifamily property. I was wondering what all documents do I need to make sure I get from the sellers to verify the information they are giving me.
Manolo D.
How to build business credit
I know that DnB has something to do with business credit, however, when I called them to ask how I was doing on my business credit, they said they had no records, and it will cost me a thousand dollars to start the pr...
Jeff S.
Beneficial Ownership Information Reporting (BOIR)
Beneficial Ownership Information Reporting (BOIR)Have you heard about this? This is from my accountant.
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corp...
Nicholas Jose
Need help rejecting this tenant in NJ
Good morning, BP.I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted...
Greg Flannery
Fixer Upper Condo Divorce Buyout
Trying to offer ex an amount for condo were both on title and mortgage for. How do I get an accurate value based on HOA financial health and interior defects? Something in writing I can use in court to argue what the ...
Monika Haebich
Vacation rental data
Hi everyone! I'm in the process of putting together the first of a quarterly industry report on vacation rental data, and I wanted to know what data you'd like to see. Right now the report will cover Industry occupanc...
Scott Weaner
When to Accept/Reject a Tenant with a History of Collection Judgements
I am about to make some decisions about our first rental property. I have a possible tenant, but have concerns after looking at the credit report. This is a husband/wife, with the husband being the sole earner. he qua...
Chris Seveney
Expected Documents / Communication in a Deal
As part of any good relationship, communication is key. I wanted to share with everyone the information I provide and also like to hear from others on what they share or what people want to see. This is important for ...
Anna Ward
1099 for rentals
does a property management company report the gross or the net rents on the 1099 sent to the owner