Mike Dawson
Beneficial Owner Information Reports. Company applicant???
I formed an LLC last month and I have 90 days to submit my BOIR. My confusion lies around the term "company applicant". When looking for information on who the company applicant is, I ran across this info directly o...
Mark Hu
Separate leases for roommates a good idea?
Normally I have all roommates sign a joint lease making them all jointly and severally responsible for the rent. But I recently heard many universities give individual roommates individual leases. Is this a good idea,...
Jason Russell
Advice for new mortgage broker
I am an 18 year old from Columbus Ohio and am looking to become a mortgage broker. I am coming here to seek advice from experienced individuals in this field. Any advice is greatly appreciated.
AJ Pryor
Student housing lease structure advice
I’ve recently purchased a couple of 4BR SFH in a college town and am trying to decide how to structure the leases upon renewal. The current leases (which I inherited from the prior owner), are separate agreements with...
David Gibb
Selling individually parceled buildings that share one water main
Hello,
Greetings from the states. As we gain more responsibility of taking care of aging family members, we are slowly downsizing our portfolio. The property directly in question is a business park we own with 8 ware...
Joseph Ortiz
Tenant Breaking The Lease
Hello!
I have three tenants renting ONE of my properties. One of them wants to break the lease and leave earlier.
Should I keep his security deposit and should I keep him responsible for the rent until the other two...
Kristi Beeksma
cozy co rent collection with roommates
Planning to use Cozy for rent collection for a property housing 4 roommates, and it looks like it has a feature to request payment and collect from each of them individually. Does that work for people or do you just ...
Andrew P.
2 Partner LLC and paying Taxes
Hi All,We own 23 units which are starting to turn a profit. There are two of us that own the properties in a LLC (also the %ownership is not 50:50). How does everyone go about paying taxes? Do you take the total out o...
Lee Liberman
Business Structure
Myself along with my two brothers have begun to acquire properties. I have purchased one house by myself, and my brothers have purchased one together. We have not created an LLC and are planning to purchase a pro...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...