let's say you buy a re-performing note, is the income you receive taxed as ordinary income or as passive income.if you invest in a fund that invests in notes, is the income you receive taxed as ordinary income or as p...
I purchased the QuickBooks training package from LandlordAccouting.com a while back. I've been doing everything as described in thier PDF manual, and I'm using the QuickBooks company template file they provided. They ...
FINALLY some financial relief and assistance for renters and landlords that are suffering financial hardship due to COVID-19!
The Kansas Housing Resources Corporation (KHRC) recently announced the creation of the Kan...
My property is in CA and per CA law, 60 days + 5 days is required if notifying them via mail of a rent increase. Per the USPS today (tracking system online), there was an attempt to deliver the certified letter but no...
Hi all, Question. My first time using a Hard Money loan within my LLC. I have been paying interest payments for a little over a year, total roughly about $14k . Does borrower usually receive a 1098 for income tax fil...
I'm a new landlord. I have one section 8 tenant in one of my units. Does a government shutdown affect getting section 8 payments?
It isnt the right time of month to affect me but I was just curious in general.
Example:1. Seller owns an investment house FREE and CLEAR. 2. Seller bought house 6 years ago at $350,000 as investment property.3. Market price now $550,000 4. Seller refi's at 70% LTV = $385,000, 30 year at 5%; PM...
I haven’t hung my license with a broker for a number of years, and I’m getting back into some wholesaling and referral type deals. I have one wholesaling company that won’t pay a referral fee to an unbrokered license...
HelloCan anyone enlighten me to how receiverships work? After a receiver has completed the work on a property and fixed all the sanitary code violations, do they get title to it? Or do they have get the ability to for...
Hello,I am set to close on a duplex on June 16 with one vacant unit and one unit on a month-to-month lease. We want to move back the closing date to June 30th at which time the tenants will be moving out, waiting to ...