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Hi, I was looking at a condo that has reached its 20% rented units cap. This isn't an issue in the short term, as I plan to owner occupy--But my question is-- in the future, if I were to rent the unit out-- how would ...
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I keep a list of lenders that lend to series limited liability companies. It's been nearly 2 years since I've run into a lender unwilling to lend to a series LLC.
What lenders are you aware of that do or do not loan...
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HiI was looking around the market and wanted to get my feet wet and try sheriffs auction of real estate. What type of properties should I be looking for. What General area also should I look in. Low tax neighborhood o...
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Hello everyone and hope all is well. The tenant that signed the lease has her husband and brother listed as occupants. I did a site inspection and found another person at the house (brother's girlfriend). I explain...
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I am in the process of a mortgage refinance.
The refinance mortgage amount is $100,000. The appraisal amount is $245,000. I paid $700 for the appraisal.
. The appraisal was “subject to” installation of water heat...
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Hi,
I own a rental property in Illinois and am living out-of-state in California.I am looking for a CPA partner to help me file my personal tax as well as guiding me through my first year reporting my rental property...
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I'm buying a duplex out of state with a partner. We're thinking of using one of us to finance the property personally (using an investment property mortgage), and then moving the property into an LLC. Here are some qu...
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Hello everyone! My husband and I are interested in purchasing a third property as a Second Home. Although we are willing to wait to make the purchase until we have the full 10% down, we would prefer not to.We current...
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Ok I’m at my second CPA interview this year. Am I being too picky?! I do want a CPA that specializes in real estate. Or at least has an established clientele with real estate interests. 
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Looking for advice from those with experience: We manage a small multi-family property, and we have a strong suspicion of drug use in one unit. So far, there has been no disturbance to the community, but we want to ge...