Arthur C.
Urgent - LLC to be taxed as a S Corp
Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
Sascha Weinberg
New Member from Frankfurt, Germany
Hello BP,first off all I have to say it was a great thing to find bigger pockets as it has really helped me alot to collect alot of information about REI in the US. My name is Sascha and I am 32 years old from Frankfu...
Albert George
Small claims court hearing for unreturned sec deposit- Minnesota
I have a past tenant of mine, who filled a claim for unreturned security deposit. Below is the situationShe broke the lease before the 1 year term. She violated the lease by having pets and when i enquired she was not...
Mitch Polatin
Difficult Tenants and a Broken Fridge 3 Month ordeal - HEL
Please Help. Going insane. We leased out our Home in Boca Florida, for $8k a month plus a month, on a two-year lease. The first week or two, the refrigerator started leaking. This is a $12,000 built in 48 inch refrige...
Kumar Gaurav
Did my tenant break his month to month lease?
My current tenant who is on a month to month lease gave me notice on May 1st at around 8:00 PM that he will be vacating his apartment end of month due to a job change.He had the capacity to give me ample notice at lea...
Kasia Sliwa
tenant is late with rent
my question is regarding tenant law in Illinois.sorry for long post : I own a home, tenant was paying on time (well almost on time because she always paid on the 5th of the month) and last month the basement flooded ...
Renard Miller
Seller Never Collected Security Deposits
I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...
Alan Bosca
Tenant leaving - how to avoid being stuck with HOA fines
Hi -My tenant is leaving in a few weeks & my HOA has set a hearing to fine him for multiple violations. My concern is that they have been underhanded in the past, and have taken a long time to make decisions on t...
Jeff Bridges
Selling Rental: 1031 or eat taxes?
I'm selling a rental property at a profit and intend to buy another rental property to improve cashflow and get into a more desirable and easier to manage rental. I've been running the numbers and trying to figure out...
Grayson Miller
North Carolina: Security deposit not valid on technicality?
Hi all,I have my sole rental property in North Carolina. The current tenants' lease is coming to an end, after a year of me having to call them almost monthly to ask them to remove debris from the yard, and mow the la...