Travis Rush
Sole Proprietor or Partnership for a Married Couple?
Hello everyone, my wife and I are just starting out and we were hoping for some guidance on an issue.
Basically we are trying to fill out a W-9 and aren't sure if we should be a "sole proprietor" or a "partnership." ...
Hanna Minkin
Tenant has 1 year old baby and wants me to put a lid
Tenant has 1 year old baby and wants me to put a lid to close toilet so baby cant put toys there. Is it really my responsibility?
Marcus Irons
Could this be a sign of a bad market?
I am considering starting out in my local neighborhood because there are a lot of Pre-foreclosures and houses for sale in my area. With that being said could this be a sign of a bad market to invest in? I kinda have...
Jessica Pattie
Lease addendum rconendations
Does anyone have any unusual policies/ conditions they have started including in their rental agreement addendums? I'm in the process of renting my first SFR and want to make sure I cover as many potential issues as I...
Derek Tuohy
Tax basis - Joint Ownership or Inheritance?
Tax question. I am joint owner with my mom on the deed of a rental property. This property has more than doubled in value over the past 6 years through appreciation. Regarding tax basis, is it more beneficial to ga...
Account Closed
Wholesaling a Fourplex
Hey,
I found a deal for myself, but it turns out the seller has two fourplexes and unfortunately I can’t buy both. I was thinking about wholesaling the other one.
Does wholesaling a turnkey multi family require an...
Arnie Guida
Insurance Man Nosing Around
I received a text from my handyman today. While he was working at our 4 family, an insurance guy was walking around our building. He said the guy was from AmFam, our insurer, who has been insuring us forever, and we'v...
Robert Hamilton
California Wholesaler's Advice
Opinion from anyone familiar with wholesaling in California. Is it possible to get around an assignment clause by utilizing a LLC as the buyer then selling the interest in the LLC to the end buyer (Cash Buyer) at the ...
Brock Steger
Insurance with LLC as Named Insured
Does anyone know of an insurance company who will provide coverage on a 4 unit property, with an LLC as the named insured? I've found insurance companies who will do either 4 unit properties or LLC as the named insure...
Matt Geerts
Fair use quote?
Is it considered fair use to quote a public figure's public statement?Say, something that Warren Buffet or (in a Canadian context) Kevin O'Leary stated in a news interview? A trusted name with a quotable phrase would ...