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 ...
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...
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...
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...
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...
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...
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...
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...
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. 
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...