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Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
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Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
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I have a option contract that I have been using for my offers on SS and I have been reading that some people are recording a Notice of option to help them get by the seasoning issues from lenders and FHA. My question...
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Am having trouble finding a real estate business attorney in Middle GA. One who can explain liability exposure to me, not just handle closings. So if you have a referral, please send it my way.That said, I want to b...
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I'm thinking about using Successors Data (successorsdata.com) to get Probate leads in San Diego, and I wanted to know if anyone had experience with them, or any other death/probate service that is available? Any help...
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A tenant is almost $4,000 late with rent.Through my property manager, we were awarded judgement and possession after an eviction proceeding. Since then, the tenant has filed for bankruptcy, which has ceased all action...
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I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
Hello,Can someone share information on Business liability coverage for an LLC created to hold investment properties?Does the insurance need a 'person' on the policy or can the policy be in the name of the LLC?Is there...
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(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...
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Hey BP! I am a new REI from Athens, AL with one rental property in NC, and my primary residence which I plan on eventually turning into a rental property as well. I have a few questions I would like to hopefully get c...