Bryan Luong
Subject to and wrap around mortgage Team
Hello All! I'm investigating on what types of professionals I need to assemble a team for a successful subject to and wrap around mortgages in Tennessee. I've been researching the subject to and wrap around mortgage...
Kris Parks
Cross Boarder Taxation / Canadian investing in USA
Hello Everyone,First time posting: My friend is a US resident that purchases and flips houses through a single member LLC (taxed as an S-Corp). In order to do a certain flip, he needs me to go in as an investor for 15...
Account Closed
1099 or receipt from contractor
If I pay a contractor for work performed should he give me a receipt or do I 1099 him? He uses his own tools and I give no training or anything. Thanks
Jill Drebing
Looking to restructure my investments and finances?
Hi all,We currently own 6 SF rental homes in the Chicagoland area. All 6 are currently rented out and we have owned them for a minimum of 18 months to 5 1/2 years. Unfortunately, we've had some bumps in the road th...
Richard Nguyen
LLC and multiple states
I have finally gotten around to setting up an LLC. I have properties in several states now and am looking to move them into a single LLC. I was told that in FL, I would need to register with the state to do business b...
Lauren V.
SFH to LLC - Quite Claim vs Warranty Deed
We have 2 SFHs. One in VA and the other in GA. We're transferring both properties to separate LLCs. The VA attorney is using a warranty deed to transfer our old house into an LLC. The GA attorney said it's "safer" t...
Tyler Rebischke
House Hacking in college
Hi everyone I was recently on the forums and came across the idea do House hacking. As a college student with some extra money laying around this idea is very interesting to me but I have a few questions. 1. Would any...
George Hadjichristou
Cross border part investor for a flip... tax questions?
Hello Everyone,First time poster but long time reader of all the good information and advice on BP.Let me pre-face this by saying that I have reached out to some cross border tax specialists, and some I am still await...
Aaron Van Curen
No Contract Yet, Received Some Money, Recently Formed LLC
I'll try to keep this as short as possible. I recently got two properties under contract under my name. I have a private lender who issued a certified check under my name (directly from HIS account) to pay for the ear...
Mark Forest
Prospective tenant accusing me of phishing
We have a vacancy that receives several calls a day and we try to respond to all phone calls and emails. Occasionally when I call someone back I receive a recording their voicemail is full. We received a series of ir...