Tina Lee
WY statutory trust for exemption of CA franchise tax
I'm a WA resident and own one property in CA. Anderson Advisors has formed a WY Statutory Trust for me for my property in CA. I don't know what to do next. My property manager is still taking out Franchise tax mont...
Jaron Walling
Tax question for BRRRR investing
I'm planning to BRRRR my next property. What are the limits for tax deductions during the rehab on this type of investment? The property needs $20k worth of capx and repairs but it's move in ready currently.
I read ...
Mike Butler
Landlord Email to Residents EXTREME COLD WEATHER ACTION
Attention Landlords and Property Managers
In my neck of the woods, we are having record setting extreme cold temperature that seem to keep lingering on and on. In the past, we are use to having a spike for ...
Andrew Yu
Responsible Party Name and Tax ID on SS-4 for My IRA LLC
I have an IRA account with uDirect IRA. Later I realized it doesn't allow account holders to sell what they don't own. So I can't do wholesaling with my IRA account. I decided to create my IRA owned single member LLC,...
Suzette Brathwaite
Anyone investing in Spokane, WA?
Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. That being said, I'm lookin...
Mark Douglas
Mitigating Property Damage ???
I just gave a tenant a 30-day notice to vacate. Actually the 30 days starts on 09/01, but as a courtesy, I told her the clock would start on the 1st, so I basically have her a couple extra weeks to make arrangements....
Corey Demuth
Responding to tenant "emergencies"
I have a question for the seasoned landlords...How do you handle it if a tenant calls you about an issue that they feel is an emergency (which may or may not be an actual emergency) and you are not able to go over the...
Tanya Maslach
Who pays - Landlord or tenant?
Hi all,After lengthy conversations with our hired prop mgmt company, I'm coming to this group for more guidance.Location: Denver, COProperty: LTR ending July 2025. No issues on property, except a faulty leaky toilet t...
Deb Smith
Grace period
Is there a positive or negative to offering a grace period? I find if u give one, most will use it almost every month so seriously considering not offering one at all from now on on all my units
AJ Cerbo
Multiple Tenants on Same Lease
Looking to lease out my property and for the first time dealing with a group of 3 friends who are interested in leasing together. Individually, they can't qualify with income, but as a group, they're well above my req...