Navid A.
Mileage deductions in a multi-member LLC
Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...
Serge S.
Paycheck Protection Program (PPP) using PM
Multifamily owners using a PM how do you interpret your eligibility if your PM pays payroll? I have been advised that if your holding co LLC EIN is NOT the one making the payroll then it does not count towards the loa...
Account Closed
"FHA wont allow it" [ Rent 2 own ]
So this seller said FHA wont let her sell her house rent to own, I asked how long she has living in the house and she said 10 years.I thoguht you could rent it after 1 year,.. why wouldnt she be able to?
Keysha W.
Brand New in Stone Mountain, GA
Hello All, I'm Keysha, a newbie in the Stone Mountain, GA area. I've been trolling BP for about a month now and finally decided to join. LOL. Happy to be here!
My RE background includes education: I interned ...
Ping W.
Tenant moved out before lease term
The current lease of the tenant expires the end of October but they moved out at the beginning of October. They did pay October rent in full. We are looking for new tenant now. If I find a tenant before the end of Oct...
Zachary Stein
Weirdest thing I have heard
HELLO BP!My girlfriend Kay (her mom is cosigning instead of her) and I are supposed to be a few days away from closing and the mortgage lender comes and says this. Because her mother is not blood related with me, eit...
David Huynh
Poll: Best places to get mortgages (credit union vs. big bank) and best approach to...
Hey BP,FYI - New to posting, so let me know if I can do a search or if this is in the wrong forum section.It seems like a no brainer - What is the best way to get mortgages? Have you found working with a local small c...
Christopher Morales
Question: Property with IRS Tax Lien
Hello Everyone!
I have been doing REI for a few years now but never ran into this problem before. There is this house i want to buy and the seller wants to sell it to me. Problem is the IRS has placed a tax lien on ...
Liam Pinson
How do you educate yourself with data in a shifting market?
I'm working on geofarming, and I have two issues popping up:1. Until recently, I was able to pull data from the past 12 months to calculate higher or lower turnover rates to determine what neighborhoods had the best o...
John Cimino
Property Management Leasing Fees
I am currently self managing my first rental property(A duplex) in Wilmington, DE but with my next property I would like to try out a management company. My major concern when researching various companies is the lea...