Victoria Redlin
Ideas on timing coordination for exchanging investment properties.
I have a rental home. It was recently re-rented it on a one year lease. I'd like to exchange it for an investment home closer to me. It seems like the timing doesn't work out. I don't find the replacement property unt...
Dan Barnes
looking for investor-friendly agent in the CT area
I'm a relatively new investor looking to purchase in the CT area (New Haven, Hartford County). I'm currently going through a 1031 exchange with a minimum replacement value of $475k. Ideally, I'd like to acquire 3+ doo...
Robert F.
New lease for tenants already in place at closing
Hello,I closed on a property on June 28 with tenants in place. Fortunately, the tenants that were occupying the unit I am moving into decided to move out before July 1. This has allowed me to complete renovations befo...
Terrilynn Kelley
FHA 203K non Streamline project...hired a contractor who's not responsive
FHA 203K non-Streamline project... we hired a contractor who's not responsive, they don't follow-up on what they are going to do therefore continuously stalling the project, we haven't started the project, and we need...
Michael Henry
Stay away from this guy in Milwaukee, WI.
I’d like to share my experience with Michael Salinas. Pre-Thanksgiving, I was working on a project where the existing contractor was not meeting deadlines. I knew Michael Salinas personally and we spoke of my dilemma...
Cortney Roberts
That moment when you find out your leasee is subleasing...
Hey BP community. I have a question about a tenant who is subleasing his room which is against the lease. I would like to say the room is big enough to easily have another person living there. The new person has been ...
Paolo F.
Closing transfer stamps
Hope this is the right place for my question. I bought an apartment in Chicago through a company, and I have some doubts on the closing. As I couldn't get information neither from the company nor from the lawyer who r...
Jeff S.
Beneficial Ownership Information Reporting (BOIR)
Beneficial Ownership Information Reporting (BOIR)Have you heard about this? This is from my accountant.
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corp...
Sandra Kim
FIRPTA Nightmare: 2 days away from deadline and Title Company refuses to pay IRS
Hi all,
Sold a vacation home in Florida, and as a non-US resident, 15% of sales proceeds were withheld by title company for FIRPTA. I hired an accounting firm specialized in FIRPTA to handle the forms and remittance ...
Anton Ivanov
List of COVID-19 Resources & Relief Programs for Investors
There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.
I ...