Robert Hastings
single memebr LLC operating agreement?
my attorney and CPA are away for a couple days but im closing on a rental property next week and i want to form my LLC with my state. can my operating agreement be amended after formed? how important are they?
Steve Balinski
Urgent tenant scenario, I need some help, possible squatter
I understand some of this is subject to state laws, but just want to get a general idea of where to go with this
2 tenants, both of them weren't getting along and decided one of them was going to move out, so I gav...
Ki C Chan
Wyoming LLC change ownership
Good evening BP Family. I recently set up my living trust and my estate planning attorney told me to change my Wyoming LLC ownership. Instead of me and my wife, Trust will be solo ownership. From my Operating agree...
Dan N.
Tenant claims late fee clause of lease is invalid
Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...
James Carlson
Colorado's push to increase STR taxes is softening
It seems to me like the push to quadruple Colorado STR property taxes is softening quite a bit. Still a long way to go, but reading between the lines of this Colorado Sun article today, the opposition efforts seem to ...
Desiree L.
STR Loophole- Huge return for me
I have to give a shout out to Bigger Pockets! I am a regular listener to the Bigger Pockets podcasts when I am doing chores around my house and my STR property. A few months ago, I was listening to a podcast (I thin...
Salley Smith
Changing loan types on HUD after the bid was accepted?
When our real estate agent was submitting an offer to HUD, they checked the 203K box. Our bid was accepted, and It turns out now that the house does not need as many repairs as we were expecting. We were wondering if ...
Brian Stutzman
Monday update on the Idaho Eviction landlord bill!
Great news. The full Idaho senate voted tonight to approve 2 small amendments to HB 461 that the sheriff wanted in dealing with clearing a property and posting notices. HB 461 is now set to possibly be voted on by t...
David Hendrix
Good CPA in Mansfield Ohio?
Hi all! I started my real estate empire (two buildings!!) last year under an LLC. I filed my 2013 personal taxes and assumed that I could just use Schedule E for the real estate activity. However, I now see that I nee...
Chuck Mak
Real Estate in a Conversion to Roth SDIRA
My SD401K has owned a small apartment building for a couple of years.
In the new year, I plan to convert unused office space into a 2-bedroom rental unit and, in 2013 or 2014, put up a new small apt building on avail...