Account Closed
Seeking advise for first time homeowner.
Just got my first deal offer accepted today bronx Ny. Im doing house hacking two family.2 bedroom over 2 bedroom plus basement with separate entry. Using FHA loan. When I went to wiew the propert, I didn't like the wa...
Ping W.
Early Lease Termination due to Military Order
Good Morning, I hope everyone had a wonderful Memorial day weekend!I have found this site extremely helpful in regard to renting/land-lording! I appreciate everyone's insightful input! Our current tenant is in militar...
Chad New
A poor sewer scope inspection prior to purchase lead to big loss
My due diligence sewer scope inspection prior to purchasing a 1948 built home with enormous tree in the front yard returned with the cast iron pipe, main sewer line, under the house and the, clay pipe, in front of the...
David Dietzel
Advice on tenant rent
Bought a multi family in Nov 2019. Tenant did not pay former owner oct 19 nor nov 19 rent. Rent due to me dec 2019 was 10 days late, feb 2020 was 22 days late and never paid March 2020 rent. Told me she was going to m...
Kevin Lisewski
Using 1031 for both rental AND vacation home
My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...
Ignacio Val
how to secure rent
Hello, I'm renting my house for the first time. There is one interested person. I have asked him for the 50% of the security deposit to take out the rental from the market and reserve it to him. The lease will be f...
Charles Gaucher
Property management issues.
So last November (2019) I hired a property management company. tenants were moving out December 31rst. By March of 2020 it still wasn't rented. So I cancelled. we had no signed contract. Just a verbal agreement that s...
Grace Marie Weger
Tenant Breaking Lease
Last year I bought my first investment property and use the rental forms from Brandon Turners book "the book on rental property investing". I read through them and edited to fit my state and situation, but I overlooke...
Hai Van Nguyen
Form 1120
Dear friends,I filed SS-4 on 3/3/2016, then on 3/17/2016, IRS issued me the EIN number and requested me to file from 1120 by 06/15/2016.Since the corporation is just set up and I have no sales or nothing till 31/03/20...
Emmett Dempsey
Foreclosure Auction Issue - What do you think?
Hey all. Well we won a county foreclosure auction on March 1st. Yeah right? Well not so fast.Seems there was an open motion to vacate, which is normal. We knew about it.Sale was March 1st...we got the Certificate ...