I've been working on a short sale. Unfortunately the bank rejected our first 2 offers and "closed our file". Then they winterized and changed the locks on the house but they haven't filed Lis Pendens paperwork yet. I...

Hello BP community, Seeking clarification if possible in regards to the internal documents held within an LLC.   I've been speaking with my CPA (who obviously isn't a lawyer) & my compliance coach from the busines...

Attention all Florida investors/landlords regarding making a claim on tenant's security deposit!! I obtained an eviction judgment against a former tenant who failed to pay rent in St. Petersburg, Florida (Pinellas Cou...

Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...

My cursed rental continues. 
Balto County voucher tenant stopped paying rent in sept. Gave til end of sept to pay or be evicted. Went to courthouse on Oct1 to file, but law had just changed saying I needed to use the...

Hi there! I'm a new BP user and just had my first property damage. Someone broke into my rental property in Phila, broke a window and damaged the front door. Nothing stolen as far as I can see. My Home insurance deduc...

Just a quick query of the syndication sponsors out there. 2019 will be the first tax year that I have participated as an LP in a syndication(3 properties, 2 separate deals). When do you typically have the K-1 sent out...

I need to change my tax filing status from an LLC to SCORP. What date is the deadline to do that in December?  Someone mentioned it’s sometime in December for the 2019 tax year. Thanks 

I'm using a Hard Money Lender for a Flip. I paid the contractor a portion of the original bid amount to start on work. He has not finished the work he was paid for but has started on "change orders" that I did not aut...

Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...