For tax purposes Airbnb wants to know if you are a US person or entity (W-9) or if you have a tax ID number (W-8ECI). Income is income regardless but what reasons/benefits would you choose one or other? Liability? I h...
Hello everyone, I received a text from my tenant saying how there was a family emergency and asked if I could stop by the house and let their dog outside to use the bathroom. Does this grant me (landlord) legal permis...
Please respond with your opinion if this is a favorable partnership?I pay for the marketing to find and lock up the deal. We use my partner's money to buy the property. We use his money to finish the rehab. I manag...
Hi all, I'm one of the presumably many that have looked and looked but have yet to pull the trigger. I've spoken with a couple investors in the past and the feeling I got was that laws are more favorable towards landl...
Hello BP Peeps! I'm a newbie to real estate investing and would appreciate any knowledge you can share. I bought a single family and duplex in the past few months and would like to apply for a Portfolio Loan: Cash-Out...
Hi,Is it required to have commercial RE agent represent buyer?How can investor find good real estate agent who can find property and represent buyer?
Hi BP! I've finished my detached ADU (732 sqft, 2br/2ba) in Los Angeles and now I'm looking into the post-build appraisal value to determine whether to hold or sell. I've seen a bunch of different ADU posts from 2020-...
Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
what is the 50% rule? what is the 2% rule both in page 2 of the reports?
Is there a way to understand which liens I would assume responsibility for if I buy a bank owned property at auction?The Preliminary Title Report states under requirements of Schedule B-I:10. The matters set forth in ...