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Hello, we just closed on 12/30/15 on a new property and part of the structure was taking over the LLC that was created for the intent of assigning to the end buyer which was my partner and I.We are getting push back f...
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As the description says, I'm looking for insight on what kind of BBL can be used now to run AirBNB out of my two-unit primary residence under my LLC. People in my network (who have been in the business for a while) ...
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I'm looking to add a Canadian as a member to my LLC (registered in Arizona) and give him 50% owernship. I know I need to file a form L015 "Articles of Amendment" which will add him as a member with the Arizona's corpo...
I am the landlord of a commercial gastro space in NY State. The tenant has been regularly past due in his rental payments over the last several years but does pay the rent after an average of one month delay. That del...
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For several weeks I have been surfing the internet and CAL state agency’s to understand in lay terms, the SAFE Act. Most just don’t get it! I don’t want to become a loan broker and take the 20 hour class.
Just tell me...
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I have a client who purchased new construction and has decided that he would rather assign the contract and get out of it then wait until close and re-sell. I would love any input from those of you who have experience...
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This post pertains to a property in Chicago, IL. Please provide knowledge based on this specific location! I have a unit with 3 tenants on the lease, but one is moving out and all 3 current tenants want her name off t...
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Hi everyone, long time BP reader/ first time forum poster. I'm a Colorado landlord. I have a tenant who re-signed a year long lease and a few weeks later informed me that they would be moving out on August 1st. I info...
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Client took title to property as follows:
John Smith, as trustee of the Amended and Restated John Smith Trust dated January 1, 2006
He received an Owner’s Policy with insured named as:
John Smith, as trustee of ...
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Hello all, I'm under contract to buy a duplex in St. Louis, it would be my first rental property and the contract stated the seller had until Saturday the 20th to get me the relevant financials, rent rolls, leases, et...