Account Closed
Paying Yourself as Investor
Good morning! I am about as new as new can get. I’ve read some of the BiggerPockets books and listened to the podcast but do not have any properties (yet). One of my biggest questions is when investors pay themselves....
Burt L.
What Company To Contact To Issue 1099 For My S Corporation by February 28?
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
David D'Louhy
What type of deed do you use when selling this property?
I have a piece of land that I bought 1.5 years ago that was purchased cash with a General Warranty Deed, with no title insurance. I want to sell it online and then record the deed with the county myself, but am not su...
Andrew Vincent
What to watch out for in Flipping and rehabbing
Hey everyone! I'm looking to hear what some seasoned investors look out for when touring a possible rehab or flip? What are some red flags that maybe a new investor might not think of? What are some things for you per...
Yengkong Sayaovong
HVAC issue with tenants.
I have called a contractor out to fix the AC unit twice within the past month. I knew what the issue was but I didn't want to just blurt it out without any proof that they are turning the AC off when leaving the house...
Michael Healy
Renting to yourself?
So I understand I will need to consult a tax professional. But I'm wondering about perspectives on renting to yourself...i.e. You personally pay your LLC for use of a unit...in this case it would be a for use as a sec...
Kasey Peterson
Tenant was behind prior to Covid-19
Just got my hands on this. I have a handful of clients that were 1-3 months behind prior to the current lockdown, or are just in general late. Mainly commercial leases, but there is one or two residential.I was going ...
Rafael Alonso
Rental and rent payment assurance
Hello everyone. Here to learn more from other landlords and property managers. I have questions regarding rental payments/income protection and making sure an investment doesn’t become a loss.
So I manage about 8 ...
Pavan Krishna
Permits and Inspections
When you get work done on your homes, do you make the contractors apply for permits? In the past, I had issues with contractors doing substandard work. For example once a HVAC was installed without an air filter.Now, ...
Alazar Wubet
Do i need demolition plan from architect
My architect has given me the final drawing bundle but is charging me extra $3,500 for the demolition plan. Do i need it for permit processing or should i just let the contractor handle it and not pay extra.