Matt W.
Cluster Mailbox - Can landlord use one of the boxes?
My multifamily property has cluster mailboxes. Does anyone know whether I can, as the property owner, legally use one of the boxes as a business PO Box? If permitted, I'd imagine I would need to work with USPS to cr...
Ryan Blake
Business Formation for Flipping
What formation strategies do y'all suggest? I am in a state that does recognize series LLCs but I am not sure if that is necessary for flipping properties. There will be two members (possibly more) that will have inte...
Rob Beeman
Are your Contractors Lead Safe Certified?
Just an FYI to those investors that either hire contractors for the repairs, renovations, painting, etc. OR Do It Themselves - the Federal RRP Lead Safe Certification Law that was passed a little over a year ago, is n...
Johnny Duke
LLC vs S-corp in Oregon
Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...
Alex Rodriguez
Seller didn’t transfer security deposits?
I just purchased a multi-family rental property. The seller said they were all under oral agreements and no security deposits. After closing, one of the tenants said that they gave the previous (before this seller) a ...
Edward Adams
Roof Replacement Depreciation
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Carlos Little
How to report taxable gains on NPNs
Hello everyone,
I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.
How do you report any gain from these...
Daniel Brault
Phone app that works in the Philippines
Hey guys, I'm wondering if anyone knows of a phone service that would work from the Philippines so that my VA can send texts from my business number? Right now I use Grasshopper, but the VA agency said that Grasshoppe...
Leonid Stakhov
Historical lots recognition.
Hello BP friends,I’m having trouble figuring out how to recognize my historical lots. Did anyone of you ever tried to do this in King County of Washington state? My property is outside of city limits. Please share you...
Malik R.
Vacating property before sale in CA
I'm considering selling a home that is rented to a tenant on month-to-month lease who has been living here for 6+ years. I recognize that the tenant is owed a 60 day notice to vacate and am wondering if COVID related ...