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Hey BP -I’m DYI’ng my taxes this year through TurboTax and am stuck. Here’s some quick info on my situation:-I have a LLC- BRRRR’d one house last year- Using TurboTax to create K-1 for LLCWhen entering info into turbo...
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My tenants who moved out last month left the place in rough condition. I'm just now finishing up getting the unit back to rentable condition. I wanted to send them a certified letter to their new home ,job and email...
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Hello all,To start, I live in Michigan where your property is forfeited to the county after 2 years of delinquency. I've been analyzing some tax delinquency lists and I've found several properties that have delinquenc...
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Just got finished reading the chapter on setting up legal entities in the Tax Strategies for the Savvy Real Estate Investor. Are legal entities or LLCs needed when you acquire your first rental property or is this mo...
This is my first time evicting a tenant. This relates to a commercial (retail) building in CA.On 11/6, I served a delinquent tenant with a 3-day notice to pay or quit. Tenant requested that I give him until 12/15 to ...
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If I evict a tenant in Indiana what are my rights collecting rent for the months after they are gone until property is rented again? They are under contract.
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How do you proceed with abandon cars on property? I evicted a commercial tenant at the beginning of December and she signed a paper stating she was abandoning everything in the unit. She left four cars on the property...
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Hi All,
I am currently sending in offers for my first house hack. A condo in my area came up at a great price and location. Listing agent said there are cash buyers with offers well over list price. I am a preapprove...
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I would like to start the process of forming an LLC. I have doing a some research but there is a lot that I don't know. Should I contact a cpa or an attorney for help in drafting the necessary documents? Or both?
I...
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Got a signed purchase agreement on an off market property this spring. The seller requested several months so that some of the family members currently living there could get out of school and find a new place to live...