Hey All, I currently have my 2nd property under contract and expecting to close soon. Here is a situation we ran into.Here are the details using different names: John is the seller and I am the buyer (this is in the s...
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
Hey everyone,I've really been wanting to get started in wholesaling. This week there is a local investor meetup group and I want to network to find potential investors to market any future contracts for properties tha...
As I understand it, there has to be a closet and an egress...anyone have any further insight into this...I have a property that is a 2-BR, and the only way to add another bedroom is to convert the dining area in the c...
Does anyone have advice on renting out a SFH to college students? or near a college campus while property is under mortgage?
Does anyone invest using “ Fundrise”? If so, what (if any) issues have you faced?Many thanks!
I have a colleague with multiple properties. She has one bank account per property and has zelle connected to each account using a different email. The issue is that the bank allows a maximum of 5 email address and sh...
Hello, I have a rental property in Los Angeles under rent control. I have talked to the tenants about raising rent and remodeling the unit, they are ok with a new lease and the amount, i called the housing dept and th...
Hi all!
Hoping someone will have some advice on this issue. We have some tenants who are supposed to be leaving in a week. When is it ok to change the locks on the property? When the lease is up or when th...
Okay BP family. I've funded my own portfolio since inception. Please help with the tax implications. I have made my LLC personal loans from myself with reasonable interest rate, amortization, etc. I understand the...