Sunny A.
Tenant did not disclose pets
How would you deal with this situation:My tenant did not have pets when they signed the lease for a unit in MF building recently when I was there for some work I noticed they were keeping a cat.My lease says"No Pets"....
Michael Plaks
The new 100% deduction for business meals
This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...
James Peoples
LLC MEMBER QUARTERLY TAXES
What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.Someone please explain this logic to me I'm missing something.Why set up an LLC when it's exp...
Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence in San Diego,CA. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income and building more assets on the wa...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Devin Cutler
HELOC HELOC where do I get the Right HELOC?
So, I was about to do a HELOC and Refi with my Companies Credit Union, but there are stipulations on what the HELOC can be used for, I was told, "you cant use the HELOC to buy a business or another home." Can anyone s...
Bar Shalom Laniado
Two states investments
Hey,I am a Wisconsin investor and I consider start investing in TX.I have LLC in Wisconsin. Could you please advice regarding the following:1. Can I use the Wisconsin LLC to hold my TX properties?2. Should I do it? A...
Laleh Omaraie
Building LLC Credit Score
I just started an LLC in order to get a DSCR loan for - hopefully - a future STR (the LLC was required in this particular situation). I want to get started on building business credit. I was denied for an unsecured ca...
Michael Perry
About accepting rent online
So My first property ever should be closing in the beginning of October... Yay!!But I'm not sure what to do here. I want to set up an online rent collection account. Maybe with Cozy. I went to my bank and asked them t...
Jerry Rode
Tenant wants to babysit
Hello
I have a SFR that is currently marketed for rent. A good, qualified tenant (family) has turned in an application to move in February, of all months. Previous landlords have provided good references as well.
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