Sarah Buchanan
What can we legally ask in screening a felon? (sex offender)
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
Bryan Hancock
"Good Funds" At Title
We've been purchasing a lot of product lately on short contracts to be competitive in the Austin market. A closing we had recently got a bit chippy and the title company the seller selected failed to tell us we neede...
Cat L.
Re: Bad Wiring Damaged Tenant's Dryer - are we liable?
If we had owned this property for any length of time, I wouldn't even ask - we just bought this property last month and inherited our tenants. It seems there was bad wiring in the utility room that was not rated for t...
Ryan Igbanol
Wholesaling mentor holding me back?
Happy Friday, BPers!This is my first BP post, which I am compelled to write based on my experience attempting to wholesale with a mentor.The background: I signed an agreement with local (Philly) wholesaler that says w...
Jasmine C.
Nevada llc with land trust
hello. I spoke to a lawyer who says I need to move my passive investment homes to a Java fa llc and each home should go into a land trust. I have my homes in an llc in that state then my llc in my home state owns that...
Mary Jay
Assett protection -trust/ LLC
I have been reading this article by Dave Van Horn and here is what he said:" For example, if that property was owned by a trust or an LLC that was owned and managed by a trust, it would’ve been much harder for them t...
Viren Perumal
Complex exchange with many steps
I all I would appreciate any advice from folks that have a background.My 1031 Intermediary told me to speak with a CPA and the CPA told me to speak to a tax lawyer.... I have been part of an LLC that has owned 2 adjac...
Glen Thomas Corder
Sharing of documents, contracts etc. to help other members...
1st WHOLESALE DEAL! Houston, TXMy first post too. Glad to be among the Pro's finally, so let's put it to the test ;) I'm fairly new in real estate investing & in Houston/New Caney, TX 77357. 1 1/2 full time, form...
Christine Walthall
Early Retirement with Real Estate
I'm looking for resources on calculating/planning for early retirement that add equity in real estate into the calculations. Our monthly cash flow from the real estate is not significant, but we have a great deal of e...