Kevin Connelly
Hayward, CA - Declaration of COVID-19-related financial distress
Landlord for SFH in Hayward, CA. Tenants have been relatively communicative about their financial hardships during COVID-19 and over the last several months we have worked together to keep them in the home and even re...
Nicole Borden
Good Investment (Condo/ HOA Declared Bankruptcy in Recent years)
Hi Everyone!Quick Question, would you purchase a property (apartment or condo) in an association that has declared bankruptcy in recent years (2017). The property has a new management company as well as new board memb...
Paul Weller
Amending a HOA declaration to allow short term rentals
Hello all,I own a condo in downtown Bellevue, Washington. I have been running it as an airbnb/short term rental for about 4 months now and it has been very successful. Now here is the problem... another owner got wo...
Rizwan Sharif
Advance Rent, Refund to not have to declare it
I received 6 month advance rent from our tenants (applicable from Dec-May). However now i have to declare it as income in current year. If I return the rent of Jan-May to tenants, and switch the lease to monthly payme...
Daniel Massicotte
Do I Really Need to Declare $80,000+ this Year?
I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...
Chris L.
Anyone familiar with the Asset Transfer TAx Declaration form?
http://www.state.nj.us/treasury/taxation/pdf/ttdv1.pdfI was just looking over the ATTD form in advance to figure out how to fill it out once my house is sold. I have some questions:1. For #3 Cost after depreciation-I'...
Kevin Polite
Portfolio Insurance issues when mortgage co ask for declaration
I have a portfolio insurance policy on my rentals and I get much better rates then when I was using the large national insurance companies with catchy TV ads, However, it's such a hassle for them to break out an indi...
Avi Spielman
To Declare as a "Real Estate Professional" or Not
Hi, I'm hoping this is the right forum for this question :) I'm a developer turned property owner with a growing portfolio of rental properties. My CPA currently does not declare me as a "Real Estate Professional" (ev...
James Vermillion
Bankrupt Dad? Rich Global LLC (Robert Kiyosaki) Declares Bankruptcy
I found this to be interesting. The short version:
One of the companies Kiyosaki has done business under filed for bankruptcy after losing a judgement and being ordered to pay nearly $24M.
Lisa Casey
General Contractor is declaring bankruptcy and owes me work/$$$.
I hired a General Contractor/Small Co. (in business for 40 years), to add an addition to my Airbnb rental house. I paid half down in March 2018 and he was suppose to start on July 9, 2018, that is when I was closing t...