Blake Andrus
Tax advisor/Tax prep
I have decided to move on from the family accountant who has little background in real estate. I just purchased 12 units across 4 buildings, which brings my total portfolio to 14 units 5 buildings. I would classify ...
Connor O'Brien
HELP! Buying a Chicago Property with Defaulted Tenant
Hi All, I am currently in the attorney review period buying a 2-flat in Chicago. My attorney demanded the bottom unit be vacant by closing as seller had given 30 day notice to a month to month tenant when it was put o...
Leah Hill
Note holder not allowing sellers to sell
Hey all!Happy Saturday! We are under contract on an investment property with a closing in two weeks. However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer ...
Account Closed
Sebonic Financial - Seeking Opinions
I see Sebonic Financial listed quite a bit in ad screens for various real estate listing sites (Zillow, Trulia, etc.) Has anyone had any experience with this company?
Drew Lamb
Regrets or anything different after using 401(k) for purchase?
Is there anyone here with some advice about using your 401(k) to purchase an investment property? Anything that you would do differently or just advice about how to handle it? I only have about 35k in it so it may be ...
Robert Johnston
Security Deposit Timeliness Issue
Good Evening All. I'll keep this short and sweet. My tenants' lease was due to end on June 30, 2019. They vacated the property early, 3/16/19, to which I agree. I knew the house was in need of extensive cleaning a...
Aleko Petkov
Avoid tenant relocation during seismic retrofit
Hi,I own an 8-unit building in Los Angeles, that's on the city's list for a mandatory seismic retrofit. We just handed out the Tenant Habitability Plan (THP) notices today, and one of the tenants wants to apply for pe...
Jason Reynolds
Switching from primary residence to rental
I am moving, and am looking to rent my current home, at least for a couple of years. There is a considerable amount of equity in the home. It has been my primary residence for five years. I have some questions at so h...
Steve Legnaioli
Options for corporation profits ?
If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...
Mary Arobaga-Reardon
Self Directed 401k... which financial institutions?
I’m trying to get my self directed 401k set up so I can borrow money without penalty to buy real estate. I’m having trouble finding a financial institution that will set one up. At the lager institutions like Schwab...