Lindsay Wilcox
Tenants Filing Bankruptcy to Avoid Eviction Repayment?
I just had to evict some tenants, and they told me that if I get a judgment against them, they'll "just file bankruptcy so [I] never see a dime."My first instinct was to laugh out loud, but then I thought, "Hold on--t...
Michael Plaks
1099-NEC due February 1st (replaces 1099-MISC)
NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?
The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...
Abraham Kauffman
Just send it to the lawyers already?
I bought a three unit apartment building sometime earlier this year. Was just going to redo it and sell it.Hired some electricians to take care of it. After they inspected it, they gave me a verbal estimate of $4,500....
William Gillette
Real Estate Agent "specializing in short sales"
Recently found a property that has been vacant for 7 years. After discussing it with a few people on BP i was informed that i would probably need to do a short sale. What is the best way to find an Agent Specializing ...
Tiara Murray
A Question About First Time Home Buyers Tax Credit
Hello everyone.
I have a few quick questions about the first time home buyers tax credit. I am a college student looking for a place to live permanently until I finish up my last few years of college. Since the tax c...
Andrew Fidler
Lucas County, Ohio Evictions and the CARES ACT - DISMISSED
Good morning BP, I wanted to get a quick heads up posted regarding the CARES Act and restarting courts for evictions proceedings. Toledo, OH (Lucas County) is on day TWO of evictions. Not only was I in the room to und...
Raden Mantuano
Seller has confused me! PROBATE QUESTION
If seller petitioned for full authority, What would be the reason a judge would tell them that they have permission to sell? but have to have the home listed by Jan. 1st. ? would there be any changes during this proce...
Ben Kirchner
Closing date passed and never extended - Contract void?
(This deal is happening in the state of Missouri)- Agreed upon closing date was 7/12/21- Addendum on contract: "$10,000 CREDIT to be given, in lieu of repairs, and occupancy permit provided."- Closing date passed, no ...
Dana Yobst
Property Manager Owes me Warranty Money - Recourse?
I have 13 supposed to be turn-key doors out of state and the property manager is doing a very poor job. they owe me maintenance warranty and move in warranty. the move in warranty is not in our agreement but I have ...
Axel Norvell
$5k in taxes were added for "GREATER NORTHSIDE MGMT D"
I own a property in Houston area code 77009, and the total property taxes for 2020 were $7,774.04.However, my lender added a NEW additional tax for 2021 adding $5,574 to my tax obligations as shown below:When I look a...