Ryan Elam
2nd home loan impact on primary residence mortgage?
Hi there, I'm just starting my journey in STRs (have 1 up and running currently) and have a question....How do 2nd home loans impact your ability to qualify for a mortgage on your primary residence? One of my potentia...
JD Martin
Methods of covering all properties under a single policy
Good morning all,I am hoping to pick the minds of some of you that have less than 100 but more than 5 rental properties on methods of insuring same. Currently, I run individual landlord policies on each property. At m...
Dan Naumowicz
Condo Rules and Tenant Privacy
Question for condo Landlords and Property Managers. Has anyone who rented out condo units was ever mandated by the Condo building Property Management company to release the Credit Check and Background check informatio...
Venkatesh Nakkala
Need help Final LLC tax return in Turbo tax, no asset disposals
I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
Max Kats
1031 question on multi member LLC
I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...
Weng L.
Conventional Mortgage on One Building of 4 Townhouses
I am looking to buy new construction townhouses and talking to seller if they can sell whole building (that has four 2-story townhouses) to me as one portfolio (one property) instead 4 separate units. From financial p...
Wes Aldo
Issuing 1099 to Contractors on rehab
I flipped 2 properties last year and so far have flipped 2 properties this year in my own individual name. I filed federal income taxes as short term capital gain on Schedule D. I did not issue any 1099's for the...
Donald DiBuono
Tenant Arguments in Duplex
First time landlord. I own a duplex and both tenants pay on time and I like them both individually (not that it matters). The two tenants are not getting along. I have contacted them both to try and work it out. They ...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Brittney Kemp
Mobile home investors
I'm here in Central Florida where there's a plethora of mobile homes and mhp pretty much covering the entire state. I became interested in this market and business because Central Florida seems to be a awesome opportu...