L. Matthew Perry
Snow Shoveling & Lawn Care
I have a large portfolio in Rochester, NY. I am looking for recommendations for managing Snow plowing & shoveling and lawn care across the portfolio. Would be great to partner with someone who can handle both. ...
Joshua Small
Using DBAs when wholesaling property
Can I buy with DBA #1 and sell with DBA #2 under the same parent LLC? Or would I use the LLC name on both sides? Would it differ if I was doing assignment vs double close?
Nicolas Boivin
SDIRA LLC and syndication. How to fill docs?
Hi all,i have a SDIRA with rocket dollar. I’m currently struggling on how to fill documents for syndication, especially when it comes to making sure it will be compliant for tax purposes come early 2023. Let’s say t...
Christopher Freeman
Tenant Conducting Sexual Acts in Shared Apartment
Hi all,Bit of a sticky situation at one of my rentals currently. I just received a phone call from a tenant who rents a two bedroom apartment from us with another male tenant. He was calling to report that he has repe...
Matthew McNeil
Partnership LLCs Required to Adopt New Tax Audit Agreement
I came upon this recently and wanted to share it because I'm not seeing it in other posts. The Bipartisan Budget Act of 2015 effective January 1, 2018 requires all LLC partnerships to adopt a Tax Audit Agreement. Bu...
Aaron K.
Interesting dilemma - Title search shows existing mortgage, owner states it was satisfied, but no proof exists. How to purchase?
I want to run this past you guys to see if there's a solution in here somewhere.
A title search of a property I'm looking at purchasing indicates that there is an existing mortgage on record. The lien-holder...
Jennifer Shelton
Deceased Lender; clearing title
A friend purchased a tract of land from an individual who carried the note (California). The seller died. She didn't find this out until months after his death, but someone was continuing to cash the payments that w...
John Morgan
Rehab/contractor tax question
I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...
Robin Edwards
First time homebuyer Tax Law: Need help
My wife and I are looking for a house hack property in Houston or Galveston. This will our first time buying a home, so we are very green at this.We are using my IRA account to fund our down payment. I understand th...
Sondra Lovett
Holding LLC / Legal & Tax Advice Needed
Novice investor - currently have one SFR purchased by a multi-member LLC in GA. Under contract for a triplex in SC and considering setting up an in-state LLC or registering current LLC as a foreign LLC. Wondering if i...