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The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
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I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
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My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
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I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...
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Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K. San Diego home prices have seemed high for at least 40 years, but $1M ...
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What has been the hardest part of flipping for you? Was the hardest part different when you first started vs now that you have a lot of experience under your belt?
Need Advice...I hired a contractor to do a basement renovation and it was supposed to have been done in 6-7 weeks. It is now week 18 and the work is still not done. He is dragging his feet and not putting in any effo...
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