Stefanie R.
Evicting Tenants in Queens
Hello everyone,
We have a tenant who had been renting our property in Queens for the past 2 years. They were NYC Fheps recipients but since they've moved in they have been a nightmare. They have not paid us their por...
Solomon Rosenberg
Tax on passive re investments
Can someone clarify, As an LP in a mf syndication where can one save on taxes and what can I expect to pay?Here is an example, If I invested 100k into a mf syndication, Property sells in year 3 with a profit of 100k,I...
Damon L. Davis
Can My Self-Directed IRA LLC PARTNER w/ My REI LLC?
I have a professionally structured Self-Directed IRA LLC w/ multiple REI holdings.I also have a REI LLC (non-retirement dollars, W2 job funded)Could I use my SDIRA LLC as a partner with my REI LLC as 50/50 partners in...
Kurt Gardner
Will you do your own taxes this year?
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Jane S.
How do you collect rent if you have roommates
Just wondering how to avoid hassles collecting rent if i am renting to 4 roommates? Also do you require them to pay for professional cleaners on a regular schedule so the property doesnt get trashed?
Sean H.
Help me understand S-Corps better
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Elena Fabri
to prioritize to buy real estate or pay down HELOQ / Mortgage
My question is, I have a mortgage and an Airbnb on the same property. It cost me $90,000 to build a ADU for the Airbnb. I want to save 100,000 per Scott’T's advice to start investing in rental properties. With $455,00...
Andrew Remke
Corporate Tax vs Ordinary Income on Flips
Let me start by saying I have hired a CPA, and have a future meeting set up. I also appreciate multiple voices on projects I am taking on. I am looking at establishing a new single-member LLC. I have 200k in private m...
Bekhzod Yunusov
How to find good tenants and how to screen them
I have been finding tenants thru Facebook marketplace, been lucky so far, but I’m plan to buy more properties and manage them myself, how do I find and screen them more professionally without paying anyone
Vin Gepp
Don't Sell At A Discount!!! Create A Bidding War!!!
If you have commercial or residential property you want sold quickly and with no contingencies, an Auction may be the answer. I am a licensed real estate Auctioneer with hundreds of successful auctions in my resume. ...