James McHugh
Concealing Private Info on Business Structure
I have read numerous threads on this and I haven't been able to come to a good conclusion on this. It appears you may be able to use a service like physicaladdress.com or an attorney address to file for you for princi...
Jimmy Chao
To use insurance or not?
Main sewer line on one of my rentals is backing up. Going to cost around $5,000k. Is it worth having insurance cover this?
Julio Gonzalez
New IRS Guidelines for 179D Deductions!
The IRS released new guidelines and best practices for their internal review/audit process of 179D tax deduction claims. If you have claimed this deduction or plan to in the future, ensure that your CPA or tax special...
Eric Fete
cash flow analysis question
Hi allI wanted to get some input/advice on a property acquisition: I have a property under contract but can only buy in my LLC (I was doing a 1031 and have to follow the 1031 exchange rules). The only lender who can...
Tereal Wilsonn
M2M
Greetings everyonei recently purchased a duplex and i live one half and rent out the other half, recently my tenants lease have expired and they are currently on a M2M basis, after reviewing the old lease there are so...
Bryan Hart
Landlord from Kentucky
If someone buys a house in poor condition and fixes it up for a rental and does all the work themselves...come take season does one depreciate on taxes the original cost of the house and the cost of materials? Or can ...
Joseph C Schmitt
Using SC Public Records for Solicitation
I currently live in New York, my network currently targets the majority of sellers using Direct Mail campaigns. South Carolina has the following law: PURSUANT TO S.C. CODE §30-2-50, OBTAINING OR USING PUBLIC RECORDS ...
Jayme Carlson
Illinois eviction help
Starting my first eviction today. Boone county, Illinois. My question is, since I live in the other side of this duplex (I’m househacking, do I have any extra leverage versus if I didn’t live here. Is there anything t...
Steve Karp
SDIRA LLC partnership change
I have an LLC which is a partnership between my SDIRA and another entity. The other entity would like to liquidate it's position leaving the SDIRA with 100% ownership. Can this LLC ownership change be made with simp...
Tony Smith
Trying to find the status of a home auction
There is a pre foreclosure that has had its auction date pushed back several times over the course of a year or so. The last updated auction date was supposed to be last week. A call to the Foreclosure Trustee agenc...