Bruce D. Kowal
Be a Pal! Send someone a 1099 to keep them honest
If you paid anyone for services in 2021, more than $600, then you should send them a Form 1099-NEC. It's not a favor, it's actually required by IRS. If it's late, there is a penalty. Less than $300. You might get ...
Dianne Phelps
Code enforcement tagged me a month after sale
I received a code violation on a home for three items on a house that I sold a month ago. Two of those items I didn't do (they tagged me for installing windows and new siding, I didn't do either) and one that I'm guil...
Edward Gonzalez
Gardens and Chicken Problem
Hi BP I'm in need of some feedback on a predicament I'm in. I have two tenants that a couple of years ago they asked if they can have a garden outside. Being the nice guy I said sure, since I also love to garden. Also...
Marian Huish
Are You in Compliance with DC's New Short-Term Rental Laws?
Overall, short-term rentals must be operated by the owner of the unit, and each owner-host must acquire a short-term rental license from DCRA. Hosts with these licenses can admit guests for an unlimited number of nigh...
Michael Weis
Qualified Intermediary 1031
Good Morning. Seeking some advice and feedack from those who have had to use a qualified intermediary to handle their 1031's. -say you have 5 deals on the year whatever that be wholesaling or flipping, do they charg...
Erik Grahn
California Just cause eviction
I’m looking at a multi family in California that is currently rented out. I’m told I can’t evict the tenants and they can stay as long as they want. Is this correct?Looking at the law it looks like I can evict for maj...
Tyler Baldwin
Did the Coronavirus convince more people to get a Cost Seg Study?
2 Big Reasons Why I Think You Should Give Yourself a COVID19 Stimulus Package with Cost SegTreasury Secretary Steven Mnuchin extended the Federal Tax Deadline by three months. Which means you now have until July 15th ...
Ian Tvardovskaya
Cleveland Metropolitan Housing Authority Review
Looking for a review of the Cleveland Metropolitan Housing Authority (CMHA). How easy are they to work with? Good service? I do a lot of work with Columbus Metropolitan Housing Authority and i love them. I would like ...
Robert Gibson
Thinking about taking a 401k loan to buy an investment property
I have never invested in real estate. However, I have been debating multiple options. Option 1) taking a loan out on my 401k to be a silent investor with a fund and flip.Option 2) buying my first property with my 401k...
Jessica Everitt
Property Manager won't pay back security deposit
I recently fired my pm and requested that he forward the security deposit to me. He has not complied with my request. Neither the Residential Leasing and Property Management Agreement nor the Residential Lease Agree...