Account Closed
Deposit from previous landlord
Hello,I recently bought my first unit. We closed on the 25th and the previous tenant moved out on the 31st. I have two questions. 1. The tenant is asking for the deposit back. The tenant signed an agreement with the p...
Chuck King
Lease: Simple vs Complex
I am trying to draw up my first lease and I am at a crossroads. I am leaning towards a simple lease that notes the length, fees that will be assessed (late, returned checks, etc) and a few general rules (legal jargon...
Brenda Williamson
SDIRA LLC Late tax return penalty
So, I filed my SDIRA's LLC 1065 late and received a notification of penalty. A couple of questions: Should I just pay or is there some benefit to requesting abatement? Any particular line of reasoning in such a reque...
Dan Marriggi
Use Your IRA $$ to Make MORE
Merry Christmas weekend all. I've been reading about lots of "creative" ways to buy properties. Credit Cards seems to be a big one, and yes they do work and I have used them to purchase one home. My favorite technique...
Misty White
ACH Return Fee+ Late Fee in NC?
Hello, my tenant paid his rent on the 4th. He has a 5 day grace period before he is charged late fee. On the Rent Redi app, it states a ACH Return has been posted due to insufficient funds. As a landlord, do I charge ...
Alex Silang
What series of events can blow through 6 mo worth of reserves?
Not counting COVID of course.
Does anyone have a story of cutting it close? I've been fairly lucky myself. My expenses and vacancies are spread throughout the years.
I don't want to get cocky though.
Thanks!
Dan Meier
Lawsuit Risks for Wholesalers
This question is based on the assumption that the great majority of real estate wholesalers (and other investors) are honest and well meaning, and therefore set up their deals to create win-win-win situations for sell...
Martingale Kim
IRS penalty for filing LLC return late, but I filed !
I got a letter from IRS today, saying I didn't file 2019 tax return, and give me a penalty of $410. But I really filed by mail in March 2020.
I always filed each year's tax return by mail.
they give a contact us nu...
Aaron Hollandsworth
Put in 30 day notice but returned keys late: do I owe?
CA Renter QuestionI recently requested that my property manager allow me to amend my lease agreement so that I may move out March 1, 2019 instead of the previous agreement of March 15, 2019 due to my purchasing of a n...
Johnathon Griggs
Two Weeks Late on Partial Deposit Return and Didn't Include Pet Deposit
What to do?My wife and I recently purchased a second house and moved out of a temporary apartment. We have one question about the deposit returned from Landlord.The particulars first:1. We did not receive our deposit ...