Todd Groom
No record of rental income, accountant refusing to accept income.
I have a friend who owns one rental property and rents out a few rooms in his home. He is allowed to rent at least one room in his home legally per county rules. When he tried to report the income to his accountant wh...
Rousner E.
Cash for keys instead of eviction
Long story, I got a tenant who I found out how had moved her boyfriend into the house and he was smoking weed in the house. State of TN requires a 3 day notice to the tenants that the lease will end due to illegal act...
Nick B.
Two company LLC structure as asset protection strategy
I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...
Ryan Urban
Attorneys and Subject To
I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.
It's clear,...
Adam Warchal
Firearms Lease Clause Example
Hoping to get help with finding a good, solid firearms clause to a lease. Have a tenant that’s about to begin a lease who has two handguns (works in law enforcement). Without starting from scratch, I’d love to see if ...
Tiki Sun
My tenant is a call girl
Ooopss.. I post it in the wrong forum. I just moved it from General Info to Starting Out. Here's my story.
I owned a condo with 2 bedroom and 2 bath. I rented the other bedroom to help pay my mortgage. I found out af...
Jen R.
Akron to consider sealing eviction records
Any Akron investors see the recent articles about the city’s new proposal? Apparently Akron has one of the higher eviction rates in Ohio (and even nationwide), and there is a proposal out that would allow judges to se...
Dion DePaoli
Subject To in Texas - Coming Unwrapped
Saw this news today and decided to share it on here. The story is still developing but I think those who seek to do wraps, especially folks in the state of Texas, since that is where this is, should pay attention to ...
Greg Grant
Buying from a Wholesaler, is it me?
So I have tried out a couple dozen wholesalers in my area (South Florida) and I can't find a single one that I trust.A perfect example of this is one guy that posted a property for $160k, said it needed $30k of rehab ...
Jeanni Prescan
Tax claim deed/title insurance
I purchased a home at Judicial tax sale over 2 years ago and have a standard Tax Claim Deed. Now I am selling the house and the settlement company is requiring an action to quiet title, which I am told is going to de...