Demetrius Morros
Getting money out of a C corp and avoiding double taxation
I am an investor who is in a higher tax bracket. I am working with a tax attorney who is advising me to form a C corp. I can do my flips and wholesales through the C corp and lower my effective tax rate. I know ...
Matthew Koch
Ending a month to month lease because I want to move in
Hello,Is anyone here familiar with moving someone out (not lawful eviction) because you plan to move into the rental yourself? I am curious about notice required (lease clearly states that it's month to month) and req...
John K.
Schedule E, Rental Partnership - Unreimbursed Partnership Expense
Quick question for a tax professional, I've read extensively and started to draft a modification for our partnership operating agreement - but want to verify that this method works. Since we use our personal vehicles...
Joe Montone
Management Company Structure
Hi All,Thanks in advance for any feedback! I currently work for a group of investors, helping them manage a multi family portfolio and developing their own property management company along the way. I am curious at ...
Michael Sanders
Anyone investor specialize in door knocking?
Hi,I was wondering does any investor on here specialize in door knocking "notice of election and demands," late lists, or any other lists?If so my question is how many doors do you typically have to knock on for 1 dea...
Eugene Gutierrez
Umbrella Insurance vs. Individual Insurance Per Building
What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
Amanda Lindsay
Advice on Payment division
Hello all! I'm new to the business, coming up on year 2 of property management. I work solely for a property owner; we are a two person team. He owns 36 doors and manages for an out of state company that also has 36 d...
SK Yuthas
Note Investing Finding Buyers and sellers using BP?
I'm a RE investor & recently entered NOTE Investing as a Business. Is BP Pro an effective and/or appropriate way to find Buyers and Sellers? Forums? Classifieds? Welcoming your suggestions, thoughts comments; ...
Sean Grieve
Cleaning HVAC system after pet?
Hello, I have a tenant who is allergic to pet hair moving in at the beginning of next month. My previous tenants owned a gerbil. I will have the place professionally cleaned but do I need to have the HVAC duct system ...
Marc Possoff
Home Owner Cost a complete gut.
Hi this is a question for a home owner. We currently live in a 1600 sq ft single detached home with basement with a 225 sq ft family room built on a slab on the side of the house which was added before we bought the...