Patrick Ford
Master deed restrictions with no homeowners association
I've been looking into a vacant lot to purchase and build on. I've been provided with the master deed which was filed with the county in 2001. In 2009, the home owners association voted to lower dues to $0 and disso...
Adrienne Melton
New investor from NYC: LLC startup questions
Greetings BP Fam,After months of extended lurking the new year seemed like a good time to finally make an intro post. Excited to be here! I’m a new investor living in Brooklyn but will likely be looking out of state f...
Meredith Pacifico
Dissolved HOA, Now Property is "Non-Warrantable"?
We're looking at one side of a duplex on a street that once had an HOA, but it has dissolved. The unit was under contract but it fell through because the buyer's bank/financing said the unit was non-warrantable and th...
Alyssa K.
Enforcing restrictions a decade after HOA dissolved
I have a SFH out of city limits on 1/2 acre that is my current live in flip. When the neighborhood was established in 2001, there was an HOA and restrictions that it enforced. At some point long before I came along th...
David Dripps
Get property out of a dissolved LLC
I hired a company to perform a reverse 1031 and purchased a property in a Florida LLC they provided. They sent me instructions to transfer ownership, but voluntarily dissolved the LLC before the state of FL processed ...
Cheryl Burd
how to dissolve a WY holding company?
Hello BP Community, anyone know how to dissolve a WY holding company? I live in CA and have not place any assets into the holding company LLC and do not want to get stuck paying an $800.00 fee. Thanks
Seidy Lasker
Dissolving Partnership & Converting to S-corp
If a partner in a partnership wanted out, would the partnership file a final year return and then convert the LLC to an S-corp or would filing a final year return cause the ein to terminate and the partnership would n...
Jake Kucheck
Busted HOA Database
Josh et al,
Thought it might be productive to have somewhere for us to keep a record of insolvent, BK, litigious or other HOA issues for public use. Yes, there are members from all over the place, but busted HOAs ar...
Daniel Dietz
Can 1031 be used when selling 1/3 share of LLC that owns property
Hello All, I am just starting to explore the idea of 1031s down the road. Mostly trying to make sure I set things up right entity wise on the front end to make it work later. I along with 2 partners won properties in ...
Charles Wang
Do reinstated S Corp in California still need to pay $800?
I dissolved an S Corp in 2015 but decided to reinstate it in 2017 for my real estate investments. Do I still need to pay the $800 fee to the Franchise Tax Board for my 2017 Taxes? I know the first year of a new S-corp...