Elizabeth J Humphrey
FHA regulations
Does anyone know anything about new regulations starting in Oct 2015, ie 60 days to process the loan?!? This seems extremely long and puts the buyer at a disadvantage.
Todd Plambeck
The Return of Seasoning for FHA?
So I was supposed to close the sale of a property this morning when the buyers mortgage company suddenly wanted to know if the property was a "flip". After biting my tongue to avoid the stream of profanities I wanted...
Franklin Romine
Bought 1st Mobile Home Park in CA...Collecting Rent and Fines
Just purchased a 24 unit Trailer Park, purchase price $300K. All the trailers are tenant owned. There is a long term onsite manager. Currently a 3rd party reads electric meters, prepares a statement for each tenan...
Kuba F.
1099 MISC deadlines are accelerated this year
I'm sure you've squared away your 1099-MISC forms already and sent them out to whomever needs to receive them, but in case you like to wait to the last minute, be aware that for 2016 they may need to be filed as soon ...
Landon King
Rent collecting Apps or websites for Tennants
Hello colleagues!Does any one use a rent collection website or any other kind of app? such as Cozy?Thank You-Landon
Andrew B.
Receipt for Rent- Income Tax Question
Hi All,
I just have a fairly simple question. First off, landlording has been great for me so far in the year and a half that I have been doing it (knock on wood). The problem is I have not done my taxes for 2011 ( ...
Mark Forest
Bank bill pay checks
Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...
Jon Pinkerton
Comingling rent payment
I recently leased a residential property that is titled in a trust. I was delayed in getting a checking / operating account set up as I needed to consult with my lawyer on the proper name that should be on the accou...
Andrew Q.
BP bookstore issues?
Anyone else having issues with books from the BP bookstore? Bought the ultimate edition of managing rental props but no e-links. No response from support. Reply if you’re having similar issues and no, nothing in my ju...
Eric Turner
Self Directed IRA's
I'm interested in rolling my current IRA's over to self-directed IRA's to be able to invest in real estate. Any advice on what custodian to open it with for ease in conducting RE transactions, fee structure, etc? Ap...