Craig Ward
Elderly tenant died last night rent is due in 4 days.
First time for me so I’m looking for advice on the best way to handle having an elderly tenant die. She was the only name on the lease and family is saying rent may be late
Account Closed
AGI over $150K. What do you pay taxes on?
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Mary Jay
How one person can create a double member LLC?
Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...
Jameson Cesar
Gonna lose my house if i cant get them out
We are landlords. Not by choice. We couldn't sell our house without losing money so we had to rent it. We had a 1 year lease agreement with our tenants. After the year was up there were signs problems with the police ...
Stephen Bagnani
Is it possible to just buy a few acres and slap 7 tiny houses on
I am really intrigued by the tiny house/microhouse movement. Being a room-renter myself I know how important solid cheap dwelling is especially to young bachelors like myself. Is there any way I can create a multi-dwe...
Colin Sweeney
How do you guys have your tenants pay rent?
Hey BP,Im about to close on a 4-plex in NE Minneapolis (my first investment property) and I was wondering what people in the area do to collect rents. Even though I'll be living on the property and they technically c...
Jeff McMahan
Rollover for Business Startup (ROBS)
I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
Shiloh Lundahl
Why you shouldn’t jump into real estate hoping to avoid a job
On a lot of new investor posts, I read that they want to replace their full time income with passive income from real estate investing. Which all in all is not a bad thing but I think their time frames to do this is n...
Carly Christiansen
Rent To Retirement Experiences
Hi there!My husband and I are closing on the sale of a rental property in a VERY overpriced market. It is very difficult to cash flow on buy and hold here. And, as much as we would love to make real estate investing...
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...