Martingale Kim
IRS penalty for filing LLC return late, but I filed !
I got a letter from IRS today, saying I didn't file 2019 tax return, and give me a penalty of $410. But I really filed by mail in March 2020.
I always filed each year's tax return by mail.
they give a contact us nu...
Victoria Kowalski
In contract - tenant on disability
A few weeks away from closing on a multi family house and I have a few questions:My agent told me they are doing a virtual appraisal.. Is this good or bad?Just found out the tenant is on disability. Her mother also ju...
Tricia O'Brien
Verification of a Service Dog with tenant applicant ?
What is the current HUD or other govt agency position on what we can ask tenant applicant who claim they have a service dog? I have a tenant applicant who claims she has a 60 pound dog who is a service dog. She prese...
Desmond Fielding
Transferring Property to an LLC - Fannie Mae Approved Method
I have seen a lot of posts on BP Forum regarding transferring a rental property from your personal name to an LLC and have searched the forums in the past trying to gather information. I haven't run across a post with...
Martin Neal
BRRRR Refinance Help Purchase Price
Hello everyone,I need some help. I am in the Chicagoland area trying to do a BRRRR Strategy and having some problems with the lender, First Midwest Bank. I’m being told that the maximum amount of the refinancing loan ...
Shari Posey
Accepted a tenant with dog--maybe a mistake--need advice
Well, I think I maybe did something stupid. I just signed a lease with a tenant who has an American Bulldog and I didn't even think to ask my insurance company if that breed is on the blacklist. I'm going to check ...
Emilio Ramirez
Sanger Financial
So is this a scam? Because it sounds to good to be true. How do you vet a company like this? If you google Sanger Financial their webpage will come up.
Thanks,
Joint Venture
Acquisition and Development Funding
1...
Abdul King
Proof of Funds
Whats up BP, I want to make an offer on a few REOs with my realtor but I don't have enough money in my bank account to cover the proof of funds. Is there a website that I can go to to get one or I should just contact ...
Matt Gill
Newbie Short Sale Questions.
I am new to REI and Short Sales.
The property is in distress and needs 30K in repairs due to their tenants trashing it. I have been in good contact with the owners about purchasing the property for my business' offi...
Holly Lambert
Self-Employed Income Verifications
How do you verify the copy of the taxes returns provided to you as proof of income for self-employed? Can a signed authorization of release be submitted to the to IRS for the transcripts of the tax return? Or