Nick Brubaker
Do I need to send 1099 to closing attorney and home inspector?
So, this is my first time having to send 1099 forms for the rental business I started last year and it appears I've already screwed up and missed the deadline. I'm trying to figure out whom I need to send a 1099 MISC...
Paul Kuegle
Trying to close private deal
I am working a private deal where the seller has contacted multiple cash buyers. I have the best offer so far but she is taking her sweet time to accept my offer. I think she is contacting more buyers to try to beat m...
Dexter Wallace
Financing 1st Property
Hey BP World, So I'm researching to buy my first investment property. I have enough for a down payment, but I rather finance my properties. My question is, as a beginning investor, is at beneficial to go with a conven...
Steve Legnaioli
Setting up HSA’s, IRA’s, or Corps at tax time
I can set up a hsa or ira before tax deadline and stuff it full of money that changes the previous years taxes. This is a common practice used to lower AGI.
Can the same be done with a corporation and allow it to ret...
Aramis Brown
Seeking advice for a potential deal gone bad.
So I entered into a contract with a longtime associate. The deal was solid and straight forward. The complication came when the company that granted a construction loan panicked due to Covid - 19 shutdown. They placed...
Simon Obas
Contractor went Missing
Hello. Hired a contractor to rehab my home. he missed the completion deadline and kept saying “just give me 2 weeks”. He then said he underbid my home, and as a result he had to stop working on my home, to work othe...
Joe Lantrip
Has anyone used Finance Of America??
Hello,Has anyone used this company? If so, please reply with your experience(s). Thanks!Joe
Nidhi Every
Florida Tenant Not Paying Utilities on Time
Hi there,
Utilities are in landlord’s name. There are two tenants in this duplex. We have a section 8 tenant who is recently unemployed. Rent is paid by HUD this month, and after saying she would pay utilities last F...
Vlad V.
1099-MISC or 1099-NEC to My Property Manager?
Hi. My property managers send me 1099-MISCs for gross rental income for my properties. I expense the management fees that these property managers charge me. Do I need to issue these same property managers a 1099-MI...
Philip Montalto
Newish reaidential investor
Hi. I am trying to place an offer on a HUD property. Anyone have insight into the process and timeline? Also curious about making offers as an investor. Looks like I have to wait for the extended period? Thanks in ...