Erik Marshall
Purchased commercial building, legally have honor current leases?
Purchased a three unit commercial building, previous investor paid water and sewer. Leases are good until 2021. Am I obligated legally to honor those leases? Was going to charge for sewer and water.
Angad Patheja
Landlord passed away
Hello -I'm currently a tenant in a commercial property in Pennsylvania and my landlords are a father ("landlord a") and son ("landlord b"). I was in the process of entering an amendment for a reduction of rent with my...
Jason F
Selling an LLC/House in Florida...
I have a property that is owned by my single member LLC in Florida. The loan for the property is a seller carry-back made solely to the LLC (not personally to me).
I have a buyer that wants to 'buy' the house. I told...
Julianne Croegaert
Addendum to lease - tenant's two adult kids moving in temporarily
I need to add an addendum to my tenant's lease agreement stating she has permission to move her two adult children in. This is a temporary situation since they are between rentals themselves. (I am fine with it and ...
Gregory Jansen
Need a 1031 and CPA professional
Hi I sold a duplex and purchased two properties in Phoenix with a 1031 exchange. Long story short, my longtime tax preparer was not available to do my taxes for 2019 and I had to scramble and do them myself and get t...
Brian Tisler
Is Realty in a LLC name without a realtor license an issue?
I just filed my LLC name on the WI One stop business portal website which worked really slick and supposed to be really fast and was cheaper than a lawyer filing it for me. Anyway, someone said that I couldn't have Re...
Herm M.
Buying a property with a county lien recorded against buyer...
Two buyers are on the purchase contract for a short sale.
The plan was to take title under solely buyer #1.
Because of the short sale approvals, title has to be taken by buyer #2 also.
Buyer #2 has a county lien re...
Frank Martinez
AB 1482 Exemption for Duplex owners California
My tenant and his girlfriend moved into a duplex I own in 2018. I moved into the back duplex unit this March. Unfortunately the tenant lost his job in March due to Covid, and his girlfriend moved out in August. I amen...
John Boby
HOA Rental Restrictions for condos
I am in escrow to purchase a condo in L.A. for renting it out. On the CC&R document which was recorded by the developer in 2004 saying no rental restriction on this building and the HOA Management already confirm ...
Ray Slack
Question about Max employer contribution on solo 401k
3 quick questions. I setup a solo 401k and wanted to confirm something. I am personally listed as the employer and employee. I know I can contribution $18k as the employee and 25% of income as the employer. Ques...