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Where can I find a sample letter to get tenant out of a property I am selling? The tenant is on a month to month lease and the buyer wants his apartment. Closing is the first week in May so we need to move fast.
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Did you guys figure out which forms to fill out for the New Corporate Transparency Act (Fincen)?
https://www.fincen.gov/resources/filing-information
I went onto the Fincen website and there are a bunch of forms......
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Any tips on how to identify markets for long term rental income? we have around $200k in cash and looking to invest in the US (we're Canadian) a bit lost any advice would be appreciated.
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I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
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Hi all, just decided to join the site after listening to the first few podcasts, just getting into real estate and i MIGHT have a good house to start with. My uncle just recently died and left his house to my dad who ...
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I own a property through an LLC with 5 partners. I know I need to prepare form 1065 and K-1s, but I can't figure out how rental income/expenses fit into Form 1065? Is rental revenue my sales, where do operating expens...
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Hi everyone!I created an account a year ago and didn't take action until now because I thought it wasn't a good time to start real estate until I was sitting on a mountain of cash. Still broke now, but recently I star...
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Hello BP,
I am pretty new to the REI world and am in the process of learning as much as I can about the industry. I just graduated college about a year ago with a Finance degree. I'm currently working as a Financia...
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Hello everyone,
I’m about to close my first deal, but the seller is insisting on transferring the title at the courthouse rather than using a title company. Does anyone have any insights or experience with this appro...
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Hi Everyone,
I'm looking at 2 possible deals, and I'm only going to be able to swing one of them at this time. Planning buy and hold. Question is, which one sounds better:
Deal 1:
Bank-owned, 8 units, asking 250K,...