In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...

Hello everyone!The lease says rent is due on the 1st and late after that, there is a grace period of 5 days before we add on $50 late fee.I have a tenant who moved into the rental in November. Since then she has been ...

Hey All, would love to get opinions from seasoned landlords on this. I have an applicant for an apartment who looks great in every other way except for one thing...she doesn't have a history of fulltime employment.She...

I need to know how would you approach the following scenario.

You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.

Logistics wise, would it be bet...

Family I need some advice! I have a cash buyer that has given me a list of vacant multi family properties he is interested in. Im in the process of researching to find out who owns the property. Once I get this inform...

Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...

I went to a seminar branded by Nick Vertucci.  After a couple of days at the seminar, they are offering a continuing 4 day seminar in California priced at $40,000.  Is this realistic?  Has anyone heard of Nick Vertucc...

TL;DR tenant found asbestos, and won't feel safe until I go to extraordinary lengths and expense to prove the house is safe. I am not going to play this ridiculous game. Asbestos abatement for things that don't lawful...

My husband and I have excellent credit, own 2 homes/mortgages (1 is a rental property), and due to a job loss and other issues, our income has been cut by half. We have tried to wait out the recession, but have given...

Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...