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Results (10000)
Gary Li which form should I use for reporting Rental Income
5 February 2013 | 3 replies

I have a LLC and tried to transfer the Tile of my rental properties from my name to the LLC, but I heard the Lender would not allow to do it. so I use my LLC to sign the rental agreements and collect rental incomes an...

George Voutsinos Cash Out Refi with LLC (PHILA)
19 July 2017 | 7 replies

Hello, we've purchased a row home in cash (Philadelphia) almost a year ago in the name of our LLC.  Tenant has been in place with a year lease.  Could anyone recommend a bank and/or credit union that will cash out/ref...

Steven Haskins Need Help!! Potential property acquisition
2 April 2014 | 1 reply

Hello All,

I need immediate help.

I was wondering if I can get some advise on how to proceed with this situation?
A lady called me today. She owns a 2-family building in South St.Louis. She is in the...

Tiffani T. RE Tax and Portfolio in multiple states
2 January 2024 | 6 replies

Hello all BPs 
If you have real estate portfolio in different states, do you use a "real estate tax accountant" or an a specialized real estate attorney to assist with end-of-year tax filing?  I am looking for an acc...

Mike Boss Advice on who to use to start an LLC
1 March 2024 | 8 replies

Here are some questions. I’m thinking of starting an LLC for when I purchase properties for flips. I was wondering how much it typically costs? And is there an annual fee to maintain the LLC, how much is it? I’m hopin...

Matthew A Brady Refusing to evacuate the premises
18 March 2019 | 12 replies

Hello AllMy tenant informed me that she would not be able to pay rent and would be out by the end of the month. She is out of my duplex, but she had some family staying with her without them being on the lease. My ten...

James Syed 5 Day Notice Illinois
5 January 2025 | 18 replies

Hi BP.I have a tenant who has NOT paid rent for this month (August), rent is due 1st of every month according to lease agreement. I sent her a 5 day notice via certified mail with return receipt requested because she ...

Account Closed 1/3 Directly on Schedule E or File a 1065?
10 October 2016 | 2 replies

Hi All,Hoping I can get a start on the best way to file. We chose this strategy to allow the max number of mortgages. Partner A purchased 1 property (A is the only person on title and mortgage) Partner B purchased 1 p...

Francisco Sanchez Title Company mis-sent funds to wrong person 😳
31 January 2017 | 2 replies

My title company in NWI has two files of mine and mistakenly sent two draws to the wrong person. The person they sent the money to already spent it and says they will pay it back but keeps missing the deadline. The ti...

Herb Lichtenberg Commercial Loan Terms for an 8 Unit Apartment Building
14 April 2021 | 4 replies

Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank.  It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee.  I would...