Kathy Henley
Does the IRA need an EIN number?
When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...
Martha T.
First-Time Landlords
(Reposting this question under the appropriate category) We did it, purchased a 4-plex so my husband and I are renovating our side of one duplex. All the units are rented out so we inherited the seller's tenants and l...
Andrés Posada
Condo Plumbing invoice dispute
Hello BP community,
I rent out my condo unit in a building that has 15 units. A couple of months ago, my tenant called me and said that the main shower was making a screeching noise when it was on. I contacted the ...
Curtis Yoder
Can anyone explain Blanket Insurance and where to get in Oklahoma
I am looking for a blanket type policy for my SFH rentals in Tulsa, OK. I have read many posts regarding the insurance issue and none give a definite answer. It seems that every agent I speak to wants to continue quot...
Corby Goade
The MOST Landlord Friendly States
This seems to be a fairly common topic, but I'm curious what laws and regulations make what states more landlord friendly. Would love to hear some examples. I live and invest in Idaho and there are a couple laws on th...
Linda L.
Solo 401K as Sole Proprietor
For a sole proprietor business with net income around $50-60K, if I like to include one family member(brother) in my solo 401K, what will be best structure to be cost effective and tax efficient?
To form a pa...
Jamie McKenna
Looking to start investing in real estate.
Hello all! I'm new to this site and am very excited about making some connections and learning from others who have had success. Myself and a few others are looking to start buying rental properties in our area to f...
Ilia Zakharav
Convert 6 unit multifamily into condos, 1031 after
I bought 6 unit property in Wildwood,NJ,
in November 2024, doing rehab now, should be done by May 2025
I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts ...
Randal McLeaird
Seasoning a Note: Reporting Seller Financed loan to buyers credit
I'm about to seller finance my first two deals and I want to know if/how I can report the the loan to the buyers credit. Is this possible?
The main reason I want to know this is because I want to season the notes for...
Hares Najand
How to Split Water Bill for Duplex with Single Meter
Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.
However, I believe it's time to transition to a system where the water bi...