Mark M.
Can Abandoned Property Removal Costs be deducted?
I am not sure on the specifics regarding the costs associated with tenants abandoning personal property.
Since we have 30 days to refund the security deposit, and if the tenant does not or refuses to claim any abando...
Chuck Brickman
Security TrustCheckbook LLC
I've begun researching companies that handle checkbook LLC IRAs and I received some info from the Security Trust Company stating they will charge a 2k set up fee which includes setting up the LLC and handle all other ...
Joshua Vall
CAP Rate % Vs. Payback Period (PBP)
Here is my question. I am reviewing at least two dozen multi-family units per week. I have a few realtors that are throwing a lot of garbage at me and I am trying to weed through the mess. Some of them are incorre...
N/A N/A
Property Foreclosed, me booted & want to file in small claims, please advise
I am in VA. I am thinking of filing something will small claims but I don’t want to look stupid so please read on and tell me if you think it is worth it.
Started a new lease in Jan 2008. Now the lessor owned a lit...
Emanuel Vega
Using private money without 2 month seasoning of funds?
A private lender and I are going 50/50 on a down payment, I have cash & my private money partner is using HELOC funds and I am wondering how we can legally go about using our cash ASAP without a 2 month seasoning ...
Moncy Samuel
Tenant complaining about asbestos
Hello BPwe have a unique situation. We are in the process of changing one window (due to rotten frames) of our Quadruplex Built in 1986. After removing the window, the tenant started raising concerns of exposure to A...
Tom Schneider
Unusual Owner Occupied Status--Need Help!
I recently closed on a 4Plex in Anchorage, AK, using an FHA mortgage. I'm in the process of completing renovations and upgrades, and by the time I'm finished I expect to have just over 20% equity in the property. I'm ...
Quandra Adams
Seeking CPA & Attorney Referrals for Tax & Legal Entity Advice
Purchased my first investment in June and I am getting ready to rent out the upstairs unit. In the hustle and bustle of trying to get the place and move myself, I completely forgot to inquire about tax and legal entit...
Zulf H.
What equipment should we buy for winter season - Snow removal
Dear BP members:
Hope you are doing well. I recently purchased a commercial
property and also have a few multi units from before. In the past I was using a
company to do the snow removal ...
Michael Win
What account to open
Hi BP,Started picking up rentals late last year and have 1 Condo that is currently rented. I will be picking up another 12 rentals this month and likely a few more by years end. My condo currently is under Company ...