Rose M.
Form 1065 - Filed for an EIN now but formed the LLC in 2014
I formed an LLC back in August 2014. I did not do anything with it. Recently, I decided to try again so I applied for an EIN # with the IRS for this LLC - never got one when I first formed the LLC. Well I got the E...
Dawn Anastasi
Tenant "grading"?
I've seen a lot of discussion on the forums about property grading, meaning what an "A" property is, what a "B" property is, etc.But what about tenants?What would an "A" tenant mean to you, what about a "B" tenant, a ...
Cynthia Long
Eviction? Texas
We have a tenant who moved in with his family November 17th. He paid his deposit and first month rent but the December rent he was $100 short. He said he would have it to me Monday, which was fine. But he never showed...
Christopher Hill
Any benefit to leasing a property in your name to an LLC you formed?
I am buying a multi family in the Pittsburgh area using my VA loan privilege. Since it has to be in my name is there any advantage to forming an LLC and leasing the property to it so the LLC can manage it? I was think...
Brittany Taylor
Police being called at 3am
The downstairs tenant always complains about excessive noise from the upper unit. Last night there was a disturbance in the upper unit and the police were called at 3am. The tenant and her company was in the middle of...
Pevian Arce
New to Wholesaling in ATL, Georgia
My husband and I are looking to start wholesaling. We have attended a Than Merrill class, and know the basics. We just need help during the next steps. Is there a meetup for networking ? Or some tips would be apprecia...
Mendel Robbins
Section 8 Atlanta Set up
Hey,Im will be closing on my first property in forest park Ga! I want to be prepped to get a renter in. (it doesn't need much work maybe a week vacant after closing)My first choice would be a market tenant but want to...
Christian D.
Calculations when converting current home to rental (COC, etc)
How would one perform these "deal analysis" calculations when converting current home to a rental property?Say we have 2 scenarios:1. Converting to rental while keeping current financing:
15 yr fixed @ 2.85%Purchase ...
John Boby
TRANSFER FROM MY NAME TO LLC
I just transfer a property from my name to single member LLC. Since this is a single member LLC, can I do a 1031 exchange before 1 year.
Nicholas Webb
house with great potential
If a property is being sold by a realtor, could an investor still purchase the property for.. let's say a discounted price? Even if not, I think that this property could be worth it. I'm told it's now a duplex two bed...