Sateesh B.
Tenant Floor Damage
Tenant vacated the unit, Did notice a couple of broken tiles in the Kitchen, The tenant is agree to pay upto $250 for fixing the broken tiles. Now the issue is the tiles that i bought about four years from HD is disco...
Shahid Iqbal
Security claim - how much is reasonable
Hello, Can I ask for expert advice on this security claim that I'm considering.I had a property in S. Florida that came out of rental after 3 years. The house had brand new paint and every thing was functional and ver...
Nicholas Sorace
How much should it cost to transfer my property to an LLC?
I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
Danielle DeCormis
Quit Claim Deed to LLC Tax/Legal Question
I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
Brandon Eleazer
Commercial loan structure with partners
Hi BP,Myself and two partners are looking into getting a commercial loan to buy a 6 unit building. We've spoke w/a few different local commercial loan officers, who all say that they require each partner to qualify fo...
Sean Dezoysa
Title search when doing an LLC transfer instead of real property
Owner quitclaims property into an LLC. You then buy LLC. I believe this completely avoids the need for a title company -- other than seeing what is on title. Does anyone have suggestions on how to have a title search ...
Tom R.
Whats you're credit score drop off for potential renters?
My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
Zocky Zhang
what tax form for rental property in philadelphia,
I live in MD and have rental property in philly, what pa tax form do i need to file?
Do i need to pay income in both states?
Jonathan Sher
Mortgage Policy from title company?
Hello BP friends,
I am closing on a house next week and receiving private financing from a family member for the purchase. The title company is going to record the deed of trust, but are saying that their underwriter...
Julio Gonzalez
Added Tax Benefits of Cost Segregation
Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...