Robert Borer
SD-IRA Tax Handling for Investing in Single-Member LLC
Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment". I invested in a Single-Member LLC, of which I am the "Single-Member". The single-member LL...
Tom R.
Turbo tenant rental application
I'm considering using turbo tenant for my application and billing process. I was reviewing their application when I was this question.Do you have any special requests or needs we should be aware of?For me this raises ...
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Account Closed
How much should you offer?
I decided to take the leap and start my own “we buy houses” website. I sent out my first direct mail campaign last night. However, I have no idea what is considered a fair price? I understand this varies based on cond...
Danny Chan
Can we tell applicant that income must be 3x the rent?
Hello,I was looking up fair housing laws in Chicago because I am trying to rent out a unit, and I came across an article online that said we are not permitted to say that income must be three times the rent, because i...
Jeff J.
limit on number of comfor animals?
I have a prospective tenant who has 4 comfort animals 1 dog and 3 cats. Is there some reasonable limit on the number of comfort animals? 4 seems a bit much,
TJ Daniel
Emotional support pets
I have been allowing pets in our units and one potential tenant claims that their dog is an emotional support animal. I honestly don’t believe him, but want to make sure that I’m giving equal opportunity. I’m requesti...
Irvin Morales
What to do with 3000 of monthly cashflow
I hope everyone is having a blessed day, I currently work a job in logistics and after everything I am able to have roughly 3000 in free cash flow (I am fairly frugal). What would be the best way to use that to make m...
Dennis Callaghan
Emotional Support Animals
Good Morning All,I have tried to find a clear answer on this subject and it seems like it is not in the landlord's favor. Under the Fair Housing Act an Emotional Support Animal is not a pet and it appears as though yo...
Richard Tyler
why is the County asking me these questions after COE?
I just bought a commercial property in California. The County is now asking me the questions listed below. What would happen if I tell the County that there are significant deferred maintenance on the property? Tha...