Amy Xu
Tenant has retraining order on another tenant within as lease
Hello I have 2 tenants that were boyfriend and girlfriend. They broke up and the girlfriend moved out and wants to be off the lease. The boyfriend is staying and has stayed he is not going to pay the entire rent amoun...
Sandy Sawyer
Using Self-Directed IRA to fund "Subject to" deal
Hi guys,I'm poised and ready with checkbook in hand to fund my first self-directed investment. I need 2 things, the confidence that performing a sub-to deal is within the boundaries of an IRA, and also need a contract...
John Paul
Retirement Savings options for Non 401K employees
Our current employer does not offer 401K. Started to invest on Roth IRA from past 5 years. The max is only 5.5K yearly contributions we can as per IRS limits. But some of my friends who work has 401K offered by thei...
Christopher Andrews
How Do I utilize a Hard Money Lender and How much do I need Saved
So I am still in the planning stages of getting my First Plex. I found a Triplex for $75000 that is a 6 bedroom 3 bathroom 2121 sq feet on a 1-acre lot with long term tenants in place. I plan on making a deal in April...
Aaron Murphy
Schedule E tax question
I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
James Peters
Pulling a permit on a property with a tax lien?
I am in the midst of cleaning up a mess from a property I inherited. There is a tax lien on the property that I am working on cleaning up. Since there is a lien on the property it is still showing up in my Grandmoth...
Will F.
Commercial office loan- Matured, renew? Prepay indemnity etc
Hi guys, I'm redoing a commercial loan for an office building in LA. Last loan just matured we're thinking of staying with the same bankThese are the terms, options and rate:10 year 15 year amortizationNo points or m...
Michael Camden
S Corp: Refinancing a Planned Flip into a Hold - TAX
Hi All,
We're currently flipping a property within an LLC taxed as an S Corp. The LLC holds title to the property. As an alternative strategy post rehab, we may keep the property as a Hold. If we do so, we'll be ref...
Malik Mo
Abandoned unit in Minnesota
Does anyone know the rules in Minneapolis for abandoning the unit by tenants? Assuming the tenant is gone without paying the rent and no where to be found or called for over a month.Thanks
Guevara M.
How To Verify Income
I have a 1 bedroom, 1 bath condo that I have listed for rent. Have a single male who is moving into town for a new job as an professor at a local community college but won't be receiving his first check till the follo...