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I am closing on a 14 unit apartment soon. My first purchase. What are first steps after closing? Thank You!
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I have a tenant that is causing damage to the property beyond what is covered in the security deposit. How can I bill them for the damages?
I have a family member that’s getting up an age. I wanted some advice of how to set up her home whether put in a trust, or keep it in her name? She does own the home outright. Does anyone have some insight to this or ...
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If you're actually in RE for long term, this might be an article you're going to enjoy. As population gets older, retirement locations are important and will become more so in uncertain world.
http://www.foxbusiness....
We are planning to transfer an investment property into an LLP at our cost basis. Are we required to file a 1099-S for our contribution of the real estate to the LLP? Given we are transfering into the LLP at cost bas...
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Hi BP,
A few weeks ago a few partners and I closed on a 10 unit apartment complex. It wasn't until our property manager collected the first month of rent that he had tenants in two units tell him that they had prepai...
Hi guys, new to BP. Looking for an advice. I'm licensed real estate agent in CA - got my license about 4 years ago mainly to save money when buy/sell investment properties. Was affiliated with a broker who deducted 30...
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What is the most efficient way to obtain your real estate license in CA?
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I own and manage several SFR and have some interested tenants (roommate situation) who meet my screening criteria (good credit, income 3x rent, great references), but none of them have solid work contracts. One makes...
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Three questions:#1: I have a small time property manager. Is he required to issue me a 1099 form for rental income for 2023 taxes? If yes, what kind of 1099 Form. My larger PM companies issue me 1099 forms with gross ...