Janice R.
Settlement documents questions in my 1031 exchange
Hello all 1031 experts!I'm going through the settlement documents that the title folks emailed me. We will have to sign the documents and fedex them for settlement on July 20. I already found that they gave me the ...
Bienes Raices
Tenant credit reports and LLC'd properties
If you own several LLCs, what is the best way to pay for tenant screening, credit reports correctly without using funds from your own name? (Unlike buying a bucket of paint with the LLC credit card, this is not someth...
Alik Levin
Real Estate agent licensed in WA, LLC licensed in another state
Dear all!Looking for clarity on the situation where a Real Estate Agent licensed in one state but reports income as LLC in another state. Key question, does the LLC need to register as a business in the state where Re...
David Zheng
Will Properties under my LLC show up on my Personal Name?
When lenders are looking me up for a credit report, will properties under my solely owned LLC show up on my personal statement?Trying to buy a primary but have a lot of rentals under LLC that could make things complic...
Cynthia Hartley
Should housemates' rent be claimed as income?
Hi all,Can/Should a homeowner with housemates claim the income (rent) and a portion of expenses (landscape maintenance, cleaning service, utilities, home repairs) on taxes as a business expense, if it is the homeowner...
Jeremy Porter
Navigating House Warranty Claims: A Property Manager's Guide
As a property manager, my responsibilities extend far beyond simply managing day-to-day operations; I'm also involve protecting the long-term value and profitability of my landlord's investments. Handling home warrant...
Scott A Samuels
US Bank REO Fraud Department
Does anyone know how I can report a vendor REO broker that has purchased several of his own assigned assets under an LLC and now has the properties on the market at a huge profit. I was never able to buy any of my as...
Sarah Baniewicz
Background check for MTR
What website/company do you use for a background check? I am purchasing my first MTR property in Chicago and do not know where to go to do background checks on tenants.
Daniel Dietz
What Counts as Hours for Real Estate Proffesional Designation?
Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...
Lulu Nguyen
Rental housing and domestic violence
Hi all,
We rented our place to a couple but one of them became abusive to the other after splitting up. Both of them are on the lease. What is a way to remove the abuser? It is possible that the victim might want to...