George Liu
Multi-member LLC operating agreement
Haven't found many materials that cover key clauses in multi-member LLC operating agreements. For equal % members, how do you determine contributions, distributions and exits? For instance if a member decides to take ...
Ariel G.
Friends, Contracts and Lawyers
HiWhen working with a friend partner in an investment, such as 50/50 downpayment, whats the accustomed way to get everything done in manner to avoid errors and losing friendships and partners? How tough should you be ...
Mike McKinzie
Property Management Firms
Is there some place on these forums to ask for a Quality Referral for a Property Management Firm? I have eight houses that were managed by three different companies in 2009 and I am ready to move to a 4th. It is rid...
Marcin Czaicki
Need direction: Tenant breaking the lease - bed bugs
Hello everyone. I would like to seek your opinion on my recent development with one of my tenants. They signed a lease in November for 12 months. In early January they advised that they have bed bugs which supposedly ...
Uriah D.
Bugs bugs bugs
Rental is owned in nc. Specifically Raleigh. The lease doesn't specify anything about bug treatment or whose responsibility it is to treat for them. Is this the tenants responsibility or owners? This is in a condom...
Bryce Ropp
Tenant wants a dog because he says it is a service animal
Hi!I'm a new landlord. I just put a listing on Facebook and got a message from a guy who said he has a service animal and my no animal policy doesn't count. I checked out his profile and he's a trucker and can run ar...
Antoaneta Ortiz
LLC or Partnership?
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Nate Michaels
Owner-occupied duplex, how to depreciate properly
Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
Ryan Cotter
Inherited Bed Bugs and Replacing Tenant's Possessions
Hi All - curious if others have encountered similar situations and how they may have addressed it.
My partner and I recently closed on our second property in NW Indiana, and we've come to learn that all five units ar...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...