Matt Romano
Didn’t receive 1098. Helping a friend here!
So I’m posting this on behalf of a friend of mine. Who purchased a SFH late last year (closed on Dec. 16th). This home was purchased with FHA and will be his primary residence. He didn’t get a 1098 form. And called th...
Joseph Illing
1031 exchange of rental house for purchase of condo
I have a rental home I used to occupy from 2004-2008. It has remained a rental from 2008 until now. I am planning on selling that house using the equity to purchase my mothers condo. It won't cover the entire purchase...
James Feely
Long distance landlord - how do you pay the boots on the ground?
To the long distance landlords, Who is your "boots on the ground" person? What is your employment relationship with them? Are they a formal employee? Contractors? Vendors? Is there a way to structure the work to ...
Leon Greene
Indianapolis, Indiana - Should we buy in our names or in LLC?
Hello everyone,My wife and I are in the process of buying our first rental property in Indianapolis, Indiana, Marion County (we live in New York City). We are buying and fixing the property up with all cash, but we're...
Clayton Thayer
How to resolve property interest when divided (percent interest)?
Newbie posting for first time here, names changed to protect the innocent. I'm researching a property in Southwestern Colorado that has the following language on the county's property record "SMITH, JANE C UND 2/3 PC...
Robert Glennon
Paying personal debt with company checking
I'm working on getting all of my rentals transferred to my LLC and setup in Quickbooks. I'm using Nancy Neville's book: "QuickBooks for Landlords who hold & flip" which is a great help.I have a few personal unsecu...
John G.
Heroes act eviction loophole
I have been searching the HEROES act trying to find if I can evict a tenant for violations other than non-payment of rent? Such as I have a tenant that is violating the lease in many ways I.E. unauthorized guests liv...
Darius Jamar Smith
International Investing while avoiding money laundering claims
I have an investor overseas, Uganda, Africa, who is having issues getting money to America to invest. After speaking to him, I was informed that one of the family business accounts was closed due to suspicious activit...
Tyler Kavan
What are rental write offs?
Hello All,
I am closing on my first rental property this week and am extremely excited to get started. I am trying to prepare as best as I can before closing to get everything setup as needed. Once the property is mi...
Eric Armstrong
What type of entity?
What type of entity should you create if you(2 people) are going to be a private lender for fix and flips? Would it be any different if you were going to hold notes?
Thx
Eric