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Hello,This was my first year flipping houses and I am now finishing my books for tax season. I am aware I need W-9s and 1099s for each contractor I paid over $600 that is not operating under a corporation. My question...
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I have 2 questions when using rentprep to pre-screen a tenant. This is my first time pre-screening a applicant and there is chance that I may need to decline an applicant due to what is showing on their Credit bureau....
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Hi,We need to do start project and we will be hiring Licensed Contractor but we would like to some work done by Unlicensed Contractors( Handyman).Do I need to take Workers Comp insurance ? What kind of insurance we w...
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Under Michigan law, the "purchaser" who brought the house at the foreclosure sale may inspect the home during the redemption period. Am I considered the "purchaser" since I brought the home from the bank and would I b...
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"Tenants Lease rights protected with the transfer of property ownership." I was looking at a write up for a duplex and this was at the bottom of the MLS sheet.
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Just curious how the board feels:If BP is made aware that someone is blatantly posting false information to sell their service, loans, homes, investment, etc. should BP remove the offending post and possibly offending...
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Hi everyone!
I'm just getting going on my real estate journey. I bought a buy and hold duplex in Saint Louis just last year, and it was a great learning experience. Now I'm looking to step it up and approach my next...
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Hi folks,
I'm a mechanical engineer by day job. Looking to get into renting SFH and 1-4 multis for passive income and to diversify my retirement portfolio (tired of watching it be at the mercy of Wall Street). I ha...
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I’m just starting out and am in the process of closing on a SFH in California’s central valley.
I’m reading the NOLO “Every Landlord’s Tax Deduction Guide” and have a question about net operating losses and the $25K...
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How do you determine this or how would you find this out?