Hi everyone! I'm going to be as to he point as possible so you don't have to read my sob story. .I live in Minnesota. I rent a property from a friend of mine. There has only been a verbal rental agreement between the ...
Thanks in advance for your help!Situation: Got water in the garden unit of a 3-flat investment property about a week ago, got a new cast iron 3/4 hp sump pump, confirmed that it worked. Got more water yesterday, chec...
Hello everyone! I would like to hear what other landlords keep track of during the year to make their lives easier during tax season. Also, what do you use to keep track of these things (QuickBooks, spreadsheets etc.)...
I'm a real estate broker in Saint Louis, MO and I worked as a property manager for 10+ years. I recently lost my full time property management job right before the Coronavirus outbreak. Luckily my wife works for the g...
Today was our scheduled semi-annual inspections of all of our rental properties. During the winter months we hire a local heating contractor that we do our business with to inspect the furnace. Every year. And, ...
Hi wats the reason to have a llc for your real estate business wat does it do how does it protect you. If I can get an example of a situation that will be great thanks
Hi All,So here is the full story, abbreviated version:- Tenant A brought girlfriend over to the house, Tenant B brought friend over to the house- Girlfriend and friend get into physical altercation, both asked to leav...
Some posts read like war and peace. I know some of the topics are pretty complex, but think some PHd Thesis have been shorter. & don't get me wrong - I have had some longer posts. Seems like the longer posts do...
I am refinancing my house and the close of escrow date is set for Monday the 18th. Was originally supposed to be the 14th so I didn't pay my mortgage payment because of the 15 day grace period. Now that it's closing o...
My LLC (small partnership) has been renting an 8 unit property in Rochester NY for the last year+Last year (2017) we filed a 1065 and state tax return with a colleague and CPA. We were satisfied with the results as h...