Tenants broke lease earlier, left without leaving forwarding address. We cleaned up the property, found some fleas and dead bedbugs on the belongings left behind ( sorry if I made you itchy ). I know I probably need t...
I am about to put in an offer on a tri-plex for short term rentals. I have a contractor who might be interested in investing or partnering in some capacity... contributing 20k toward the down payment and about 25k in ...
Quick question: I purchased property and started to renovate it and my plan was to make it a rental investment until I over spent on the budget. 🤦♀️ Now, I want to 'flip' it but I keep hearing about tax penalties. Ple...
I'm a US citizen and Canadian permanent resident who recently emigrated to Canada, and I am planning to buy rental real estate in Ottawa. I am hoping for duplex or large single family house where I would live in one r...
I have a few trusts and LLc's. My attorney is wanting to chat about doing a master LLC with series llcs out of it. For example: Blue sky LLc. Then as you buy additional properties it works like this. Blue sky llc, vic...
Just closed on my first deal! Whoop whoop! It is a duplex, I’m gonna live on one side and rent to inherited tenants. They’ve been there for about 5 years now and wondering if for any reason I should still have them fi...
I have a house that used to be my primary residence that has $109k mortgage and $73k home equity loan that I used for stupid stuff as a kid. It would cash flow pretty well if only had the 1st but I have been renting ...
I have two partners who both have their properties on the market. One of them, Partner A, needs to do a 1031 exchange into the new property (which we haven't identified yet). What's the best way to qualify for a loan ...
Four tenants pay the total rent. It was set up ( NOT by me) for them to pay 1/4 of the rent each ( which I thought is ridiculous. I would have set it up for one of the tenants represents the others and pays the total ...
I'm looking at buying Long and Short term rental property in Florida, but I'm a Canadian/British citizen.Does any one have any recommendations for quality cross border Tax and Legal people specializing in Canada/USA r...